Stapp v. Owens

Defendants in error commenced suit by filing their bill in equity against plaintiff in error for the cancellation and surrender of certain notes held by plaintiff in error as receiver of the First national Bank of Monmouth, Illinois, and to cancel an alleged liability to the bank on account of overdrafts, and for a decree against che assets of the bank for a balance claimed to be due to defendants in error. Plaintiff in error answered the bill and filed his cross-bill for the foreclosure of a mortgage held by him against defendants in error, which cross-bill was duly answered. Replications…