People ex rel. Russell v. Iuka State Bank

On the 24th day of May, 1921, the doors of the Orchard City State Bank of Xenia, Illinois, were closed. On the 24th day of June, 1921, the State Auditor filed the original hill in this cause for the dissolution of that bank and the appointment of a receiver to wind up its business, and Arthur W. Croughan was appointed receiver. At the time the doors of the bank were closed by the State Auditor, both the president and cashier had absconded. At the March term, 1922, of the circuit court of Clay county the appellant, Iuka State Bank of Iuka, Illinois," filed its intervening petition praying that…