Central Trust Co. v. Owsley
Appellate Court of Illinois
Error to the Circuit Court of Cook county; the Hon. John Gibbons, Judge, presiding. Heard in the Branch Appellate Court at the March term, 1913.
1Opinion of the CourtJustice Smith
The final decree of February 13, 1913, finds upon the bill and cross-bill that by reason of the order of November 25, 1911, and the contract of April 1, 1911, and the facts shown in the record, it was not the duty of the trustee to declare the principal of the bonds due; that the demand of the executor interfered with the order of November 25, 1911, and changed the status of the parties; that the executor appointed and treated the Trust Company as his agent to demand and receive payment for the disputed coupons; that the Trust Company had the right to receive payment therefor and surrender…
2Cases cited9 opinions
- Merrimack River Savings Bank v. City of Clay CenterSupreme Court of the United States · 1911
- Hale v. . PattonNew York Court of Appeals · 1875
- Ebert v. ArendsIllinois Supreme Court · 1901
- Zempel v. HughesIllinois Supreme Court · 1908
- Ex parte KelloggCalifornia Supreme Court · 1883
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3Cited by4 opinions
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- Chemical Bank New York Trust Company, Trustee, Mortgagee v. Steamship Westhampton (Formerly Steamship Montauk Point), Her Engines, Boilers, Etc.Court of Appeals for the Fourth Circuit · 1966
- Huffman v. GouldAppellate Court of Illinois · 1945
- County of Hawai'i v. C & J Coupe Family Ltd. PartnershipHawaii Supreme Court · 2008