Indiana Harbor Belt Railroad v. First Trust & Savings Bank

Appellant, with permission from the court below, and by intervening petition, brought this action against appellees for the purpose of establishing its claim against the receivership estate of appellee First Trust & Savings Bank of Hammond, Indiana, and having said claim declared to be a preferred claim. After the issues were closed the cause was submitted to the court for trial, and the' court made a general finding against appellant as to the claim being a preferred one, but found in its favor that appellant was entitled to recover the sum of $71,550.94 as a general claim. Motion for a new…