Union National Bank v. Citizens Bank

This cause was submitted to the lower court as an “agreed case” upon a statement of facts, as provided by §562 Burns 1894, §553 R. S. 1881 and Horner 1897. The following are substantially the material facts in the case: Appellant is a national bank organized under the laws of the United States and, as such institution, it is engaged at Kewanee, Illinois, in conducting a general banking business. The Citizens Bank of Union City, appellee herein, prior to being placed in the hands of a receiver, was a state bank organized under the laws of this State as a bank of discount and deposit, and on…