HOLLY, District Judge.
The plaintiff is the receiver of the Peoples National Bank and Trust Company of Chicago (hereinafter referred to as Peoples National Bank), a national banking association. Defendants are stockholders of the National Republic Bancorporation (hereinafter referred to as Bancorporation).
Peoples National Bank was closed by resolution of its Board of Directors on or about June 20, 1932, and thereafter plaintiff was duly appointed as receiver...
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