Bridgens v. Dollar Sav. Bank of Kansas City
U.S. Circuit Court for the District of Western Missouri
W. H. Bridgens, as receiver of the Citizens’ Bank of Kansas'- City, Kan., filed bis bill against the Dollar Savings Bank of Kansas City, .Mo,, and Kelly Brent, praying for the rescission of a sale of certain stock and notes by the Dollar Savings Bank to the Citizens’ Bank, and a decree for the repayment to said Citizens’ Bank of $26,061.25. The case, as made by the bill, was as follows: Kelly Brent was a director and the president of the- Citizens’ Bank, and was also…
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W. H. Bridgens, as receiver of the Citizens’ Bank of Kansas'- City, Kan., filed bis bill against the Dollar Savings Bank of Kansas City, .Mo,, and Kelly Brent, praying for the rescission of a sale of certain stock and notes by the Dollar Savings Bank to the Citizens’ Bank, and a decree for the repayment to said Citizens’ Bank of $26,061.25. The case, as made by the bill, was as follows: Kelly Brent was a director and the president of the- Citizens’ Bank, and was also cashier' and managing- agent of the Dollar Savings Bank. The Dollar Savings Bank owned 797 shares out of a total of 1.000…
1Opinion of the Court
PHILIPS, District'Judge.
The principal question raised by. the demurrer to the bill is whether or not the complainant has a full *11and adequate remedy at law for the grievances complained of. The contention on the part of the defendants’ counsel is that a court of equity in the federal jurisdiction will not sustain a bill in a case of fraud to obtain only a decree for the payment of damages in money, when the like amount might be recovered in an action at law. This is predicated of the fact that under the judiciary act of 178!), under which the first congress established the courts of the United…
2Cases cited11 opinions
- Wardell v. Railroad Co.Supreme Court of the United States · 1881
- Commercial Bank v. KortrightCourt for the Trial of Impeachments and Correction of Errors · 1839
- Central Trust Co. v. KneelandSupreme Court of the United States · 1891
- Day v. Postal Telegraph Co.Court of Appeals of Maryland · 1887
- German Savings Bank v. WulfekuhlerSupreme Court of Kansas · 1877
6 more not listed; retrieve them via the Exa API.
3Cited by3 opinions
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- Ng Chie v. Citigroup, Inc.District Court, N.D. California · 2021