Prairie State National Bank v. United States

On both parties’ Appeal.

The Secretary of the Treasury refers conflicting claims upon a fund in the Treasury. There is no controversy on the part of the Government, the questions involved relating simply to the distribution of the fund. It consists of two elements; of the 10 per cent reserved *615from monthly payments due to the contractor; of the 10 per cent reserved frommonthly payments due to the surety, who completed the building after the contractor had failed. The surety seeks to recover both; the adverse claimant, a hank, seeks to recover the former, under an arrangement between it and the…