Scalzo v. Commercial Trust & Savings Bank

This is a writ of error to review a decree of the circuit court of Sangamon county, sustaining general demurrers to an original bill and two amended bills filed by plaintiffs in error, minority stockholders seeking the appointment of a receiver for the defendant in error bank, and an injunction to restrain the individual defendants in error, officers, from enforcing obligations in favor of the bank. We shall speak of the plaintiffs in error as complainants and the defendants in error as defendants.

The relevant facts as alleged by the original and amended bills are: That defendant Commercial…