Legal Opinion

Schrœder v. Harvey

Illinois Supreme Court

Decided September 15, 1874PublishedCited by 16 opinions

Appeal from the Superior Court of Cook county; the Hon. Josiah McRoberts, Judge, presiding. This was an action of assumpsit, originally brought by the Franklin Bank against Daniel D. Schrceder, for money paid upon twelve dividend warrants drawn by Thomas Buckley, as assignee in bankruptcy of the Home Fire Insurance Company, upon the Mechanics’ Bank in Chicago, and in favor of various creditors of the bankrupt company. They were in the nature of bank checks, and negotiable.

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Appeal from the Superior Court of Cook county; the Hon. Josiah McRoberts, Judge, presiding. This was an action of assumpsit, originally brought by the Franklin Bank against Daniel D. Schrceder, for money paid upon twelve dividend warrants drawn by Thomas Buckley, as assignee in bankruptcy of the Home Fire Insurance Company, upon the Mechanics’ Bank in Chicago, and in favor of various creditors of the bankrupt company. They were in the nature of bank checks, and negotiable. The defendant cashed them for L. Seckel, a clerk of the drawer, and deposited them in the Franklin Bank for collection.…

1Opinion of the CourtJustice Sheldou

This was an action for money had and received, brought by the Franklin Bank against Schrceder, the appellant, to recover the money paid upon twelve dividend warrants, made by Thomas Buckley, as assignee of the Home Fire Insurance Company, a bankrupt, to various payees, and drawn upon the Mechanics’ Bank in Chicago. The warrants are in the nature of bank checks, and payable to the payees or order. Schrceder cashed them for L. Seckel, a clerk of the drawer, Buckley, and deposited them with the Franklin Bank, with his name indorsed upon them, and received from that bank the money for them. The…

2Cases cited2 opinions

  1. Simms v. ClarkIllinois Supreme Court · 1849
  2. Magee v. CarmackIllinois Supreme Court · 1851

3Cited by16 opinions

  1. Grand Pacific Hotel Co. v. PinkertonIllinois Supreme Court · 1905
  2. Hamlin's Wizard Oil Co. v. United States Express Co.Illinois Supreme Court · 1914
  3. Palmer v. Meriden Britannia Co.Illinois Supreme Court · 1900
  4. People v. ReedIllinois Supreme Court · 1919
  5. Foster v. GrafIllinois Supreme Court · 1919

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