People ex rel. Deane v. Fort Dearborn Trust & Savings Bank

Mr. Presiding Justice Partlow

delivered the opinion of the court.

On November 8, 1920, John M. Deane died intestate at Wheaton, Illinois, and appellee, Minnie C. Deane, was appointed administratrix of his estate by the county court of Du Page county and she duly qualified. At the time of his death, Deane was indebted to appellant, the Fort Dearborn Trust & Savings Bank of Chicago, upon a promissory note for $8,000, collaterally secured by various bonds aggregating $12,500, and including two first mortgage bonds of the Ogden Gas Company, each of the par value of $1,000, and one bond of the…