Estate of Citizens' Bank v. Catron
Estate of Citizens' Bank v. Catron
Opinion of the Court
The Citizens’ Bank of Willow Springs (a banking corporation) assigned its effects to appellant for the benefit of its creditors. The assets of the insolvent consisted of cash, notes, accounts and sundry items aggregating $19,328.44; the cash item was $55.25; the assignee in the course of fifteen months administration realized from all the assets, including the cash item, $7,631.29; on final settlement he'showed that he had lawfully and properly paid out all the cash he had received, except $853.27; from this sum he asked to have appropriated $100 for payment of a balance of attorneys’ fees, which he claimed he owed, and further asked that he be allowed $760 as compensation for his services as assignee. Objections were made to these claims by a creditor of the bank, and the court after hearing the evidence offered, allowed the assignee $50 for additional attorneys’ fees; $50 to the assignee for traveling expenses in attending court in behalf of the assigned estate, and $400 as compensation for his services, and ordered him to distribute to the creditors the balance of $350.27; from this order the assignee duly appealed.
It is insisted with a good deal of earnestness that this ' court review the order of the circuit court and allow the assignee for his compensation the amount claimed by him,
Case-law data current through December 31, 2025. Source: CourtListener bulk data.