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FIDELITY & CASUALTY CO. OF NEW YORK v. ALLEN

No. 5679.

84 F.2d 53 (1936)

FIDELITY & CASUALTY CO. OF NEW YORK v. ALLEN et al.

Circuit Court of Appeals, Seventh Circuit.

June 3, 1936.

Attorney(s) appearing for the Case

Clarence W. Heyl, of Peoria, Ill., and H. L. Howard, of Chicago, Ill., for appellant.

Charles E. Sturtz and William C. Ewan, both of Kewanee, Ill., and George W. Hunt, of Peoria, Ill., for appellees.

Before EVANS and SPARKS, Circuit Judges, and LINDLEY, District Judge.

LINDLEY, District Judge.

Appellees, First National Bank of Kewanee, Ill., and Theodore D. Allen, as receiver thereof, sued in equity to set aside two pledges of general assets of the bank as collateral security for deposit of public funds in the hands of the county collector of Henry county, Ill., and to recover the securities thus pledged to indemnify appellant upon its liability as surety for the collector. The facts are stipulated. The particular funds in the hands...

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