First National Bank v. Peoria Watch Co.

Appellants, the First National Bank of Peoria and Charles R. Wheeler, a stockholder of the Peoria Watch Company, by their amended bill filed in this case in the circuit court of Peoria county alleged that said company was organized as a corporation in the year 1885, with a capital stock of $250,000; that the appellee Johnson L. Cole subscribed for two hundred shares of stock of the par value of $20,000; that the appellees Moses N. C-ish and Joseph N. Brodman became subscribers for stock to the amount of $500 each; that the corporation became indebted to the complainant the First National…