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CITY SAVINGS ASS'N v. INTERNATIONAL GUARANTY AND INS. CO.

No. 35311.

17 Ill.2d 609 (1959)

162 N.E.2d 345

CITY SAVINGS ASSOCIATION et al., Appellants, v. INTERNATIONAL GUARANTY AND INSURANCE COMPANY et al., Appellees.

Supreme Court of Illinois.

Opinion filed November 19, 1959.

Attorney(s) appearing for the Case

WILLIAM A. CUNNEA, and L.A. WESCOTT, both of Chicago, for appellants.

HENRY McGURREN, of Chicago, for appellees.

Judgment affirmed.

Mr. CHIEF JUSTICE HOUSE delivered the opinion of the court:

This appeal is from a summary judgment of the superior court of Cook County holding that City Savings Association and its officers could not recover a premium paid by the association for a policy of insurance on its withdrawable share accounts. A constitutional question was presented to and passed upon by the trial court.

The plaintiff is an Illinois corporation operating...

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