Legal Opinion

Union National Bank v. Bank of Commerce

Illinois Supreme Court

Decided January 15, 1880PublishedCited by 6 opinions

Appeal from the Appellate Court of the Third District; the Hon. Chauncey L. Higbee, presiding Justice, and Hon. Oliver L. Davis and Hon. Lyman Lacey, Justices.

1Opinion of the CourtJustice Craig

John E. McClun, Charles W. Holder, John Magoun, Charles W. C. Munsell and John W. Whipp composed the firm of McClun, Holder & Co., engaged in banking in Bloomington. On the 16th day of June, 1877, the firm executed and delivered a deed of assignment to Lawrence Weldon, as assignee, in which all the property, real and personal, belonging to the firm was conveyed on the trusts expressed in the deed. On the same day John E. McClun, John Magoun and Charles W. C. Munsell, being unable to pay their individual debts, each executed a deed of assignment for the benefit of his creditors, by which the…

2Cases cited3 opinions

  1. Platt v. . LottNew York Court of Appeals · 1858
  2. Conkling v. CarsonIllinois Supreme Court · 1850
  3. Pierce v. BrewsterIllinois Supreme Court · 1863

3Cited by6 opinions

  1. Thompson v. LoweIndiana Supreme Court · 1887
  2. Howell v. MooresIllinois Supreme Court · 1889
  3. National Bank of Oshkosh v. Jennings Trust Co.Appellate Court of Illinois · 1892
  4. Cissell v. JohnstonCourt of Appeals for the D.C. Circuit · 1894
  5. Jungk v. ReedUtah Supreme Court · 1893

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