James v. Sidwell

The National Home, Building and Loan Association of Bloomington, Illinois, is an insolvent foreign corporation. On May 14, 1898, appellant was appointed receiver of the insolvent’s assets in Indiana.. On May 19, 1898, a receiver was appointed for the same association by the circuit court of the United States for the southern district of Illinois, and took possession of the assets in all the states in which the association did business, except in Indiana. Many Indiana citizens were either borrowing or non-borrowing members of the association. The assets in the hands of the Indiana receiver…