The People v. Bank of Chebanse

Appellee Charles H. Warnock, on behalf of the People of the State of Illinois and on his own behalf, personally and as county treasurer, filed in the circuit court of Iroquois county a bill seeking to establish a right to preference of his claim to certain funds deposited by him as such county treasurer and ex-officio collector in the Bank of Chebanse, which had, under the direction of the Auditor of Public Accounts, been closed and thereafter found insolvent. An answer was filed by the bank and John J. Ruckrigel, who had been appointed receiver, denying a right to preference except as to…