City Savings Ass'n v. INTERNATIONAL GUARANTY AND INS. CO.

This appeal is from a summary judgment of the superior court of Cook County holding that City Savings Association and its officers could not recover a premium paid by the association for a policy of insurance on its withdraw-able share accounts. A constitutional question was presented to and passed upon by the trial court.

The plaintiff is an Illinois corporation operating under the Illinois Savings and Loan Act. (Ill. Rev. Stat. 1957, chap. 32, par. 701 et seq.) The defendant International Guaranty and Insurance Company is a foreign corporation qualified to do business in this State, and…