Gawne v. O'Connell

This appeal, and also a companion appeal — case No. 38,938 — involves the question as to whether Daniel Gawne, who signed a certain note, was personally liable.

The note was dated April 6,1931, for $1,482, payable to the order of Lincoln State Bank of Chicago on demand, with interest; it was signed — ■

“Illinois Beal Estate Trust A Common Law Trust

[[Image here]]

Frederick J. Selden, Prest. Daniel Gawne”

Subsequently the Lincoln State Bank went into the hands of the receiver; also, Daniel Gawne died; the receiver of the bank presented a claim on the note in the probate court in the estate of…