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BRUSSELBACK v. CHICAGO JOINT STOCK LAND BANK OF CHICAGO

No. 12303.

1 F.Supp. 736 (1932)

BRUSSELBACK v. CHICAGO JOINT STOCK LAND BANK OF CHICAGO et al.

District Court, N. D. Illinois, E. D.

November 1, 1932.

Attorney(s) appearing for the Case

J. Arthur Miller and Townley, Wild, Campbell & Clark, all of Chicago, Ill., for plaintiff.

WILKERSON, District Judge.

This case is before the court on the motion of the plaintiff for the appointment of a receiver. The application is based on the averments of the bill alone. The bill alleges that the Chicago Joint Stock Land Bank was organized under the Federal Farm Loan Act (12 USCA § 641 et seq.) with an original capital of $250,000. Subsequently, the capital was increased to $4,000,000. The bank issued bonds in excess of $42,000,000, of which the...

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