Miller v. Cobden Building & Loan Ass'n

Mr. Presiding Justice Higbee

delivered the opinion of the court.

From September 19, 1898, to March 2, 1899, Lewis T. Linnell and A. J. Miller conducted a banking business as co-partners in the village of Cobden, Illinois, under - the name of the Bank of Cobden. The bank was managed byLinnell as president with E. A. Strong as cashier; A. J. Miller, being engaged in other business, was not active in the management of the bank. On the latter date, the bank made an assignment for the benefit of creditors and Linnell also made an individual assignment for the benefit of his private creditors. The…