Legal Opinion

Otis v. Gross

Illinois Supreme Court

Decided November 20, 1880PublishedCited by 12 opinions

Appeal from the Appellate Court for the First District;— heard in that court on appeal from the Circuit .Court of Cook county; the Hon. William H. Barnum, Judge, presiding.

1Opinion of the CourtJustice Walker

It appears that the circuit court of Cook county, by an order entered on its records, designated the State Savings Institution of Chicago as the depositary of moneys in the hands of the officers of the court and under its control. By resolution the bank accepted the trust. Subsequently, the institution failed, and its officers fled to avoid criminal prosecution; and the institution being insolvent to the amount of $1,800,000 above its assets, a receiver was appointed to take charge of the affairs and assets of the bank.

The clerk of the circuit court, Gross, opened an account with the bank,…

2Cases cited1 opinion

  1. In re the Rule upon the Western Marine & Fire InsuranceIllinois Supreme Court · 1865

3Cited by12 opinions

  1. People Ex Rel. Russell v. Farmers State & Savings Bank of Grant ParkIllinois Supreme Court · 1930
  2. Bignell v. CumminsMontana Supreme Court · 1923
  3. People ex rel. Russell v. Iuka State BankAppellate Court of Illinois · 1923
  4. Kies v. WilkinsonWashington Supreme Court · 1918
  5. Howland v. People ex rel. RussellAppellate Court of Illinois · 1923

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