Hinckley v. City of Belleville

Citations

• 43 Ill. 183

Syllabus

<p>1. Banker—definition of. The term “ banker ’’ includes all the business of a money-changer; and this court understands the term, “money-changer,” in the same sense as defined by Webster, — “a broker who deals in money or exchanges.”</p> <p>3. Same—business of—same as that of the money-ehanye/r. The buying and selling of uncurrent funds, exchanging one kind of money for another, or the transacting of any kind of business included in the business of a money-changer, is equally a part of the business of a private banker, as carried on within this State.</p> <p>8. When the charter of a city empowered its council to tax, regulate and license bankers, money-changers, and certain other tradesmen, and the city council, by virtue thereof, passed an ordinance requiring bankers to take out a license, — held, upon the question, as to whether the council possessed such power, the agreed case merely describing the party as a banker, without particularizing the kinds of business transacted by him, that the term “ banker,” as thus used, comprehends the various kinds of business ordinarily carried on by bankers in this State, and can be required to take out a license under that provison of the charter which applies to money-changers.</p>