City State Bank v. Detrick

This is an appeal from a judgment for $859.69 against the plaintiff bank and in favor of defendant, rendered by the superior court of Cook county on June 27,1924, and based upon an arbitrator’s award.

The controversy arises out of a written contract, executed May 12, 1921, between Harrison Parker, trustee, first party, and the defendant Detrick, second party. Parker, as trustee, assigned all his interest in the contract to the plaintiff bank on September 5, 1921. On the date of the contract the “City State Bank,” predecessor of the plaintiff bank, had a capital stock of $100,000, divided into…