Illinois Bank Note Redemption.--important Decision

Coiirt of Illinois has docidod that banks nrc required to rodeem their notes, in whoje paokagcs us prosented, and iliat redeemíng ono note at a time h eijuivnleni to a refueal; and that on tlie failure to redeem a packag nnd protest, it is fho duty of the Auditor oí Stato to wind upthe bank ind aell the securities. This dee'mion, it wiH be perceived, makes it oasier thati herotofore to donl with tho Illino-'sbfcnkn. The wildcats Btnong tliem wfll ftel its ffects; wliílo those mannged on corraet iH-ifl3ple, aml located where the bnnews wantg nf the eommnnity demande tbèm. wtll not be aflectcd.