People v. Siemen

Mr. Presiding Justice Wolfe

delivered the opinion of the court.

Fred E. Hammond, Ralph M. Hammond, and Wallace G. Siemen were respectively president, vice president, and cashier of the State Bank of Stockton, Illinois. This bank was closed by the auditor of public accounts on September 6, 1928. The grand jury of said county returned an indictment against the above named parties on November 7, 1929, charging each of the said defendants with the crime of receiving a deposit of $55 from one Leonard S. Beattie, when at the time of receiving said deposit, the said bank was insolvent and that each of…