FIRST NAT. BANK & TRUST CO. v. VILLAGE OF SKOKIE

No. 10612.

198 F.2d 1017 (1952)

FIRST NAT. BANK & TRUST CO. OF RACINE v. VILLAGE OF SKOKIE.

United States Court of Appeals Seventh Circuit.

September 23, 1952.


Attorney(s) appearing for the Case

Emmett J. McCarthy, Joseph J. Witry, George R. Lyon, Chicago, Ill., for appellant.

Howard A. Brundage, Charles F. Short, Jr., P. Sveinbjorn Johnson, Chicago, Ill., for appellee.

Before KERNER, DUFFY and LINDLEY, Circuit Judges.


DUFFY, Circuit Judge.

This action was brought in equity by plaintiff, as the holder of special assessment bonds issued by defendant. Plaintiff alleged liability of the municipality by reason of collections which it claimed were made in cash, and which defendant insisted had been made by surrender of bonds. The cause was referred to a special master, who found the issues favorable to plaintiff. After deducting sums theretofore paid to plaintiff, the master computed...

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