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SACHS v. OHIO NAT. LIFE INS. CO.

No. 7332.

116 F.2d 113 (1940)

SACHS et al. v. OHIO NAT. LIFE INS. CO.

Circuit Court of Appeals, Seventh Circuit.

November 28, 1940.

Attorney(s) appearing for the Case

Isidore Brown, Albert Langeluttig, and Lawrence J. West, all of Chicago, Ill., for appellants.

Karl Edwin Seyfarth and Benton Atwood, both of Chicago, Ill., for appellee.

Before EVANS, SPARKS, and KERNER, Circuit Judges.

KERNER, Circuit Judge.

The appellants as creditors of the Roseland State Savings Bank (Illinois corporation), instituted suit in an Illinois state court to enforce the constitutional superadded liability of the stockholders of the state bank to its creditors. In our case the stockholder in question is the American Old Line Life Insurance Company (Illinois corporation), hereinafter also referred to as the "American Old Line" or the "Insurer," and the appellee is the...

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