PEOPLE v. UNION TRUST BANK

No. 31435.

406 Ill. 208 (1950)

92 N.E.2d 663

THE PEOPLE OF THE STATE OF ILLINOIS, Appellee, v. UNION TRUST BANK, Appellant.

Supreme Court of Illinois.

Opinion filed May 18, 1950.


Attorney(s) appearing for the Case

ARTHUR ABRAHAM, of Chicago, for appellant.

IVAN A. ELLIOTT, Attorney General, of Springfield, (ROBERT J. BURDETT, and JAMES C. MURRAY, both of Chicago, of counsel,) for appellee.


Cause transferred.

Mr. JUSTICE WILSON delivered the opinion of the court:

In May, 1944, the People of the State of Illinois, on the relation of the Auditor of Public Accounts, brought an action in the superior court of Cook County against the defendant, the Union Trust Bank, a banking corporation, seeking to forfeit its charter for nonuser. The cause proceeded to a trial in the early part of 1947. At the close of...

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