Mattison-Greenlee Service Corp. v. Culhane

WOODWARD, District Judge.

Plaintiff, a Delaware corporation, filed its bill in equity in the circuit court of Winnebago county in June, 1936, against the defendant, a receiver of a national bank that had been duly organized under the National Banking Act (12 U.S.C.A. § 21 et seq.) to do business in the city of Rockford. The bank was duly declared insolvent in June, 1931, and the defendant was duly appointed a successor receiver of all of the assets thereof and is now acting as such. The bill seeks to establish a liability of the bank to the plaintiff as a general depositor thereof in an amount…