Atlas National Bank of Chicago v. More
Appellate Court of Illinois
Appeal from the County Court of Cook County; the Hon, Kichard Prerdergast, Judge, presiding.
1Opinion of the CourtGary, J.
On the 25th day of September, 1888, the Wilson & Bayliss Company was incorporated as the successor of George Wilson, Jr., and Thomas P. Bayliss, in the furniture trade. The corporation took the merchandise, fixtures, lease and good-will of the firm of Wilson & Bayliss in payment for a large part of its stock, but the debts due from and to the old firm remained theirs.
They then oived the bank about $10,000, for which the bank held as collateral, among other things, a tin box containing leases and chattel mortgages taken by the firm for furniture sold to customers. The firm had free access to…
2Cases cited7 opinions
- Field v. RidgelyIllinois Supreme Court · 1886
- Martin v. JuddIllinois Supreme Court · 1871
- P. C. Hanford Oil Co. v. First National BankIllinois Supreme Court · 1888
- Ide v. SayerIllinois Supreme Court · 1889
- McKinney, Gilmore & Co. v. Farmers' National BankIllinois Supreme Court · 1882
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3Cited by3 opinions
- American Trust & Savings Bank v. GradleAppellate Court of Illinois · 1895
- Jones v. SpencerAppellate Court of Illinois · 1898
- Thirty-First Street Building & Loan Ass'n v. WetherellAppellate Court of Illinois · 1892