Chicago Joint Stock Land Bank v. McCambridge

Mr. CniEE Justice Dunn

delivered the opinion of the court:

This is a writ of error to the Appellate Court for the Second District to review its judgment affirming an order of the circuit court of Grundy county approving the report of a receiver and ordering distribution.

The Chicago Joint Stock Land Bank was the holder of a note for $24,000 executed by Daniel P. McCambridge and his wife and secured by a mortgage on land in Grundy county. The First Trust and Savings Bank of Morris was the owner of four notes of the same makers of the aggregate amount of $3000, secured on the same land by a trust…