Robinson v. Bailey

The circuit court of Franklin county on March 8, 1935, entered a decree setting aside a sheriff’s deed executed to appellant T. I. Galloway, as trustee, as a cloud upon the title of the appellee Canna D. Gentry and directing re-conveyance of the property to her. This decree, and the appeal arising thereon, arose out of the following state of facts:

On September 30, 1927, the Mercantile Bank and Trust Company of Benton, Illinois, was closed by the Auditor of Public Accounts. Five suits were started against the directors, including A. M. Duncan. These suits were for negligence in holding out the…