Illinois Nat. Bank v. Summers
Court of Appeals for the Seventh Circuit
Appeal from the District Court of the United States for the Eastern Divisibn of the Northern District of Illinois; A. L. Sanborn, judge. In the matter of Louis A. Buchner, bankrupt. From a decree (202 Fed. 979) confirming the report and findings of the Referee in Bankruptcy establishing priorities in favor of Sangamon Loan & Trust Company, D. C. Gallagher, and George White as against the Illinois National Bank and State Trust & Savings Bank of Peoria, they appeal.
1Opinion of the Court
KOHLSAAT, Circuit Judge.
This is an appeal from a decree entered August 29, 1912, by which the District Court confirms the report and findings of its refei-ee in bankruptcy establishing certain priorities among claims against the bankrupt estate.
Appellants, Illinois National Bank and State Trust & Savings Bank of Peoria (hereinafter referred to as the “Peoria banks”), are the holders respectively of certain notes secured by mortgage on real estate of the bankrupt. They assign error upon the action of the court in postponing their claims under said mortgage notes to (1) certain notes secured by…
2Cases cited14 opinions
- Williams v. JacksonSupreme Court of the United States · 1883
- Wilson v. WallSupreme Court of the United States · 1867
- Ogle v. TurpinIllinois Supreme Court · 1881
- Lennartz v. QuiltyIllinois Supreme Court · 1901
- Merrill v. LuceSouth Dakota Supreme Court · 1894
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3Cited by2 opinions
- Simpson v. SternCourt of Appeals for the D.C. Circuit · 1934
- Bluefield National Bank v. BernardWest Virginia Supreme Court · 1930