CONTINENTAL ILL., ETC., CO. v. CONTINENTAL ILL. NAT. BANK

No. 5954.

87 F.2d 934 (1937)

CONTINENTAL ILLINOIS NAT. BANK & TRUST CO. v. CONTINENTAL ILLINOIS NAT. BANK et al.

Circuit Court of Appeals, Seventh Circuit.

January 28, 1937.


Attorney(s) appearing for the Case

Charles Aaron, Franklin Raber, and Ely M. Aaron, all of Chicago, Ill., for appellant.

M. Paul Noyes, David O. Dunbar, Stanley Rich, Andrew J. Dallstream, Francis X. Busch, Cassius M. Doty, and John C. Slade, all of Chicago, Ill., Hovey C. Clark, of New York City, and Alexander F. Reichmann, of Chicago, Ill. (David O. Dunbar, Donald S. Trumbull, Stanley Rich, and Cassius M. Doty, all of Chicago, Ill., of counsel), for appellees.

Daniel J. Schuyler, of Chicago, Ill., for Albert A. Sprague and Britton I. Budd, receivers of Chicago Rapid Transit Co.

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


LINDLEY, District Judge.

On June 28, 1932, upon a creditors' bill, the District Court appointed receivers for the Chicago Rapid Transit Company. Foreclosure proceedings instituted in the same court were consolidated with the receivership. On December 10, 1934, the court entered a decree of foreclosure, reserving jurisdiction to determine the question of priority of appellant's claim with respect to the mortgages foreclosed...

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