The People v. Bain

The plaintiffs in error (hereinafter called the defendants) were indicted by the grand jury for the September term, 1932, of the criminal court of Cook county. The indictment charged the defendants severally, as officers of the West Englewood Trust and Savings Bank, on June 9, 1931, with receiving a deposit of $33 then and there knowing that such bank was then, and for a long time prior thereto had been, insolvent, and that because of such insolvency such deposit so made was lost to the depositor. (Smith’s Stat. 1933, chap. 38, par. 61, sec. 1, p. 1007; Caliill’s Stat. 1933, chap. 38, par.…