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IN RE FIRST NAT. BANK OF ARTHUR, ILL.

23 F.Supp. 253 (1938)

In re FIRST NAT. BANK OF ARTHUR, ILL., et al.

District Court, E. D. Illinois.

May 14, 1938.

Attorney(s) appearing for the Case

Thompson, White & Ingram, of Sullivan, Ill., for petitioner.

Hutton & Clark, of Danville, Ill., for respondent.

LINDLEY, District Judge.

The petitioners are stockholders of the First National Bank of Arthur. They seek an order directing the shareholders' agent to distribute the funds in his hands to the stockholders upon a basis different from that which has heretofore been followed. The facts have been stipulated and the issue is one entirely of law.

There were six stockholders in the First National Bank of Arthur. E. W. Boyd held 22 shares; Calida Investment Company...

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