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LOEB v. BOARD OF EDUCATION OF CITY OF CHICAGO

No. 10620.

203 F.2d 775 (1953)

LOEB et al. v. BOARD OF EDUCATION OF CITY OF CHICAGO.

United States Court of Appeals Seventh Circuit.

May 1, 1953.

Attorney(s) appearing for the Case

Frank R. Schneberger, Chicago, Ill. (Frank S. Righeimer, James W. Coffey and John T. Mehigan, Chicago, Ill., of counsel), for appellant.

Karl Edwin Seyfarth, Benton Atwood, Chicago, Ill., Leonard C. Mead, Chicago, Ill., Howard B. Bryant, Chicago, Ill., Jerome F. Dixon, Chicago, Ill., George L. Siegel and James A. Harrington, Chicago, Ill., Seyfarth & Atwood, Chicago, Ill., Frank H. Madden, Chicago, Ill. (Irvin F. Richman, Chicago, Ill., of counsel), for appellees.

Before FINNEGAN, LINDLEY and SWAIM, Circuit Judges.

LINDLEY, Circuit Judge.

This litigation presents a new approach to a much debated question: The measure of liability of the Board of Education of the City of Chicago arising out of the issuance and sale of warrants drawn in anticipation of school taxes for the year 1929. These warrants have been before this court on two previous occasions. Bd. of Ed. of the City of Chicago v. Norfolk & Western Ry. Co., 7 Cir., 88 F.2d 462 and...

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