TREANOR, Circuit Judge.
This is a suit brought by the receiver of the First National Bank of Lawrenceville, Ill., against the State Bank of Birds, Birds, Ill., for a demand alleged to be due from the latter as the indorser of certain tax warrants sold by the latter to the First National Bank of Lawrenceville prior to the appointment of a receiver.
The case was tried by the court upon a stipulation of facts. The original case was filed on August 1, 1933, against...
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