Legal Opinion

Dray v. First National Bank

Illinois Supreme Court

Decided June 21, 1922No. 14510Published

Writ of Error to the Appellate Court for the First District;—heard in that court on appeal from the Superior Court of Cook county; the Hon. Charles M. Foell, Judge, presiding.

1Opinion of the CourtJustice Stone

A decree was entered in the superior court of Cook county ordering that Frank M. McKee, trustee in bankruptcy, pay to the defendant in error $4800, which sum the trustee held as money derived from a composition of the creditors of the estate of which he was trustee. The chancellor further ordered, adjudged and decreed that plaintiff in error, Philip Dray, had no right, title or interest in the funds or notes which constituted the basis for the composition, and permanently enjoined him from collecting or attempting to collect the proceeds so held by the trustee and from selling, assigning or…

2Cases cited2 opinions

  1. Tan Hamburger Co. v. GloverIllinois Supreme Court · 1895
  2. Chicago Federation of Musicians v. American Musicians' Union of North AmericaIllinois Supreme Court · 1908

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