Appellate Court of Illinois December 23, 1940, Gen. No. 41,328 (Flanagan v. First National Bank)

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United States · · · 23-12-1940

Mr. Justice MoSurelt

delivered the opinion of the court.

Plaintiffs are representative creditors of the Madison Square State Bank, which was closed by the auditor of public accounts on June 15; 1932; they brought a suit to enforce a stockholders’ liability and February 11, 1937, had a decree against the First Trust and Savings Bank, trustee, for $10,000; June 22, 1939, the present suit was filed

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