People Ex Rel. Barrett v. Peoples Savings Bank & Trust Co.

On January 16, 1933, the Auditor of Public Accounts closed the Peoples Savings Bank and Trust Company of Moline, hereinafter called the Peoples Bank. He appointed William L. O’Connell receiver. The People, on the relation of the Auditor of Public Accounts, filed a bill of complaint in the circuit court of Rock Island county praying the aid of the court in the liquidation of the affairs of the bank. The People, on the relation of the Attorney General, appellant herein, filed an intervening petition on behalf of the East Moline State Plospital, seeking a preferred claim for $16,364.66 which had…