First Calumet Trust & Savings Bank v. Rogers

PAGE, Circuit Judge.

This appeal is to reverse a decree in favor of the Virginian Railway Company, Atlantic Coast Electric Railway Company, Atlantic Coast Electric Light Company, and Richmond Light & Railway Company, here called plaintiffs, against the First Calumet Trust & Savings Bank, as executor of the will of Charles W. Hotchkiss, and Walter J. Riley and Mary J. Hotchkiss, .here called defendants. Charles W. Hotchkiss became president and a director of the Chicago Utilities Company and three subsidiaries owned by it, here called Utility Companies, under a contract for a salary of $50,-000…