State v. Allstadt

The bill was filed in the name of the State, suing through the Attorney-General, against Ira C. Allstadt and members of his family, the Self-Server, Inc., a corporation engaged in the distribution of gasoline, the Bank of Commerce Trust Company, and Union Planters Bank Trust Company, trustees holding the legal title to certain real estate, and the Fidelity Deposit Company of Maryland, surety of the Ira C. Allstadt Corporation on its bond executed June 8, 1929, in conformity with section 1145 of the Code, formerly chapter 124, Acts of 1929.

The chancellor sustained defendant's demurrer to the…