, 1875-02-25
4 Stop Put to Suits Against the Cook
County National.
How Creditors Must Proceed with
Their Claims.
tbs Motion for n Receiver for Mr,
Scammon Denied.

TuE ruoK COUNTY NATIONAL DAtK.

a question Of great Importance Ii. connection
with defunct National Bauka was yeste.day Do
cidcd By Judge Dlodgctt on consultation with
Judge Dr,mmond. Tho United Statoa banking
Law provided for tbs redemption OF the notes OF
q National Dank by tho Comptroller WHO was
authorized to tako tho United States bonda d.
poslod At Washington, and. aftor having xc.
deemed tho noten Of any bank refusing to
redeem them Itself, to sell It's bonds, and
ropay the Government. Tho Comptroller ts
also authorized to appoint 1tccciyer OF a
National Bank when It tals. WHO IL to take pos.
eetsion Of tho banks sAsotst collect its debts,
soil Ito property undot direction Ut court Of
rompotont jurisdiction, and transmit tho oro.
cecds 10 tho Comptroller, who, haying paid any
loss tho Government may navo beeu 10 ip
eanceliug tho bank notes. is to divide tho 70.
malnder among tho other creditors. Any perton
haring claim against such bhnk may adtuBt
1t With tho Receiver, or may obtain judgment for
the eum In the state or United Statca Courts,
and In either case such adjusted or judgment
clatna arc recognized md aotttcd by Tho 1lc.
ceircr.
short time ago. and subsequent to the Rus-
pension of the Cook County Nattoual Bank. aud
the publication Of tho pows that It was iuso!Tont
and had suspended payment, Thornton h Koat-
Ing, masons. began suit in Tue State Court u
,tt.c,rort .ra,nat t,,a f,oo,, County I,,,t
H.. e., ,,.os,aan. ~, - .,"" .,'
s'a',,nk 'aa. su1 a''a Anossota VI sus
oahK naa ssauan!en1's coneeHloa aoo oleposeu Of
Ite assets. Tho Slori1 made lesF uoder tho
attnc!,uacnt writ on q safe Of tie bank wortl,
III mr. and tbrenteued 10 ren,oyo il from tia
su..o,1,- -, 4 If nrr,o.. III. 1,ooo,rar 49,.
eussoaF OF n. ia oat'eS' tuo nccos'eF. Laet
Monday n. khspro"icz d Co., tooacconIets,
commenced q suit In tho State Court
possession Of cortaiu sccuritIe, elal,ped 10 l,e
,,sta h ~. 1.nt na,,s .sss,. ~. ,a..s.r
ns'a ny tue panh % co'la'esa'Sio LOT motley oanea'
Had these antB boen aucccssfu!, thcsc pars,eh
would hnyo obtained preference and collec. cd
their Claims iu full, to tho damage Of the o,hor
s,.at....
eiuu''ois' =.
10 prevent sn!s. a. II. Eaf'fS. tne receiver or
the bahk, l1od two bills yesterday in the United
States Circuit Court against Thorton j. Koatiug
s...,s .,'a's .S.'' ..a,,. ss ,'..,,.as 80.
slra'h tnem from ptoceeo1ns 1ufthes W nt1nch-
ment or roplcviu to collect thetr respective
claims. and alleging that tlcso suits would it
allowed dostroy tic Government lien on tue
h,n,, ,s.o.s -. s.,xn,,u-sa +, tor nv 1a.o T., ~.
.apA soesss ~ te,nuuIao 4o' au' 'o's ~ 90.
deeH'tn. tho banks circulating notes. and aho that
th eBo cleditors would thus 10 paid In full, In
hostility to tho Banking law, which provided for
sp s1ua o,s ast,'hu.ioa; i, ,.n,,,o
day nofIi,,r. anf, II tIo .fternnon sint,co Eini,
s.s;t t,aS,n,g cnnfc mi viii, Ju,iro nrn,nmnnd
prantod tbo iniuuction. lie sai In n. tI,ht haj
fhuupLt t.,at tIis nroucr wny world hayn inen to
tachment wrft hit inx,n,nrI, a. Il was xoi;l md
not yolda,,n. ho shnrti urant tho iniunction'
:ven tGnnoi, thn nnnnsatnrv nct nf Marcl, =
1b73' yhiei, prohibited Attachments nral,,st n
National De1.k until Judgment: were omitted
inr or;ier at,m1i1 hn nllowc m i,n showint, thnt
ttn iauk,s sT.;rs a. snra IL nrncosa ~ sotttas
ment by a Hcce,yer. rha easa was e,o-
brnec; In tia eaueraI omit ,hIo
Ea 81 soe reosfs et t sS a.
tions IN ntteInnt;ur tn wind IN tbe Ian;'s A.
foiIs - " "f ' = -
II mach croJitnr vera a1,ovod IN nrocccd in
anal = wav nnninat nm insolront Entional i,nnk.
lin reun,f ,ynnil s,n,nIv ho a roo .n,ong liz
crn1,t,,s -, ~. oa.,aan - ~ !, III. se Nv
Ha.nN,.s ~ ,,a ~ 1 mi uo Tan" ; .,ss.I
r1stoJ ~ t,.v,,o,s " II, orns,ta5o a",s;ir s
taS n,mst ,a rn, H. .r,Io IL ~ tho "nnissr ~ ~
obtain the,r pro ra,a snaro. "
tl,e TInyt the1sfnra tx ;ni,,nci, ,nns woii h" .
s'o ,o Ioi ,r tsso.uto, wv tn!nI'ot.9an "ota "
T. ,rnrnnt as ;,',nrfon ~ Sas ,ao.".+ " %to
tU,at,os. s>+.ist Wa,n :! .t' ;'. - " ~.
moro nn,;c"%1, ~ Il no,' us' s,iso y ta.' Ma1
a"a inua1 inp''hr,no'o H. ] ~ NM "non any 'nan
1sI'' rai ia.., n ~ seo.'. s'o ~ ,hs1I an 10
c,o;n,,d III nror a',in ,nnd ,,,,,,s
n"tats ena ~" 1,ia nini", ~ ~ t,,n sn,s ~
.n nun taa' s u oat " siI Huan ~ ,sr,,. ~
o :, e,eou1ot i t oe nIa s'oau 81 pIu
TX nortv up ~ ~ u, nn ~ ~ whon
suu ~ -. A as'y. ~" "a,oa "n
sAs ;,,, IT, ai @ III, ;a,. a
Il axss ~ 1,st naa,jnn .c apar iho tan
oid ao -" ~ essnt - ~ nsca
.o =" aSSusn @ S "' o,or ~,
"nnut W. ~ aao eeSe. coaa @ hatt"-
~ ~. hasn 1seo.En, aua LIN ,., s.sa.s ~ H.
an ~ aom .no paa so"s ,,.ts ~ ~ ~
ts o.g, " n a4nanaa -. ~ sa bank n'
"n o.1% III uHau - 'Iv is.,oa aao@ n,s,nst
H.; s,,a "ou r 'nete'ose 10 .na
sae af.es. ons oos akm"n4 ~ a;a.,,,
40 40 III. ~ way hot cae,ohsly ~ en!otn
~" y. H. u1nnt & nr WI ~. .na1 ~
HIP nu" ,aa' ~ nno ~ vi. n Sr,
tnalr thstance' otu no1 t1an1stesa 'ng ufon'pi.
oms no o. sao 'nne' 11 w.. ,co;r Mon'os, raoos
n h, anf te -. IT, So;ona.rts a tana's7'
i4o"cF u noelcEon!ao !us ', tno uete"oAa'7:
:. u,,,, T.. Tue Maalxe ,1,e. ooArHNfi as,,;
S ~! oo soooessq III otop apoHe ago
lava no.s aug aevofa, o1ne1 t.n e1oekno!ass or
re Mar!na company nlga hl! ssalnnss tls
COMPANY ana 'nS sssnuug saag etoosao'aosa. i; A.
!eR!'6 that =; !; osa,autoa ne!a ma}ottf
81 tnb BLOCK kAss Ia 1au AFpu!use0 ~ D!TeckoFk