Corn Exchange Bank v. Rockwell
Appellate Court of Illinois
Creditor’s Bill.—Appeal from the Superior Court of Cook County; the Hon. William G-. Ewing, Judge, presiding. Heard in this court at the March term, 1895. Statement of the Case. The F. J. Kaldenberg Company was a Hew York corporation, with its principal office and place of business in Hew York City, and having a branch store and business in the city of Chicago. Frederick J. Kaldenberg was its president.
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Creditor’s Bill.—Appeal from the Superior Court of Cook County; the Hon. William G-. Ewing, Judge, presiding. Heard in this court at the March term, 1895. Statement of the Case. The F. J. Kaldenberg Company was a Hew York corporation, with its principal office and place of business in Hew York City, and having a branch store and business in the city of Chicago. Frederick J. Kaldenberg was its president. On April 18, 1893, said Frederick J. Kaldenberg filed his bill against said corporation, in the Superior Court of Cook County, setting forth the nature of the business of said corporation, and…
1Opinion of the CourtJustice Shepard
We have heretofore held that the State owes a duty to its citizens to protect them against the removal from our jurisdiction of the property here located of insolvent foreign corporations, by foreign receivers thereof, until the just claims of its own citizens have been satisfied. Hunt v. Gilbert, 54 Ill. App. 491.
It was said in Heyer v. Alexander, 108 Ill. 385:
“ It is not just or fair that creditors in this State should be compelled to go to a foreign State to receive a pro rata share of the debtor’s property, when they, perhaps, extended credit upon the faith of the debtor’s property in…
2Cases cited8 opinions
- Reynolds v. AddenSupreme Court of the United States · 1890
- Catlin v. Wilcox Silver-Plate Co.Indiana Supreme Court · 1890
- Rhawn v. PearceIllinois Supreme Court · 1884
- Chafee v. Fourth National BankSupreme Judicial Court of Maine · 1880
- Heyer v. AlexanderIllinois Supreme Court · 1884
3 more not listed; retrieve them via the Exa API.
3Cited by1 opinion
- Kinsler v. Casualty Co. of AmericaNebraska Supreme Court · 1919