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LA PARR v. CITY OF ROCKFORD, ILL.

No. 6701.

100 F.2d 564 (1938)

LA PARR et al. v. CITY OF ROCKFORD, ILL.

Circuit Court of Appeals, Seventh Circuit.

December 6, 1938.

Attorney(s) appearing for the Case

Arthur V. Essington and Charles S. Thomas, both of Rockford, Ill., for appellant.

R. P. Lichtenwalner, of Rockford, Ill., for appellee Henry La Parr.

Charles H. Davis, of Rockford, Ill., for appellee Board of Education.

Charles A. Thomas, of Rockford, Ill., for appellees Trustees of Firemen's Pension Fund et al.

C. H. Linscott, of Rockford, Ill., for appellee A. B. Culhane.

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

LINDLEY, District Judge.

Defendant, a municipal corporation of Illinois, appeals from a decree directing it to repay to the receiver of the Manufacturers National Bank and Trust Company, $401,820.49 as principal and $177,261.85 as interest, the principal representing a deposit of $1,030,309.58 to the credit of the city at the time the bank closed under order of the comptroller, less a dividend of 61 per cent, equal to that which had, at the time of the

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