Legal Opinion
Charter Bank Northwest v. Evanston Insurance Company
Court of Appeals for the Fifth Circuit
Decided June 11, 1986No. 85-2628PublishedCited by 15 opinions
1Opinion of the Court
PATRICK E. HIGGINBOTHAM, Circuit Judge:
Evanston Insurance Company appeals from a summary judgment holding that certificates of deposit for $200,000, issued upon actual deposits of $2,000, were “forged” and “altered” within the meaning of Evanston’s bond with Charter Bank Northwest. Finding that the certificates were signed in the true name of the bank president who issued them, and that they were not altered, we reverse.
I
Charter Bank Northwest, formerly “Stonewall Bank,” was one of several Texas banks victimized by a fraudulent loan-pyramiding scheme perpetrated by Orrin Shaid, “owner” of the…
2Cases cited6 opinions
- Nobles v. MarcusTexas Supreme Court · 1976
- United States v. Orrin Shaid, Jr.Court of Appeals for the Fifth Circuit · 1984
- State Bank of Poplar Bluff v. Maryland Casualty CompanyCourt of Appeals for the Eighth Circuit · 1961
- Richardson National Bank v. Reliance InsuranceDistrict Court, N.D. Texas · 1977
- Sales v. StateCourt of Criminal Appeals of Texas · 1982
1 more not listed; retrieve them via the Exa API.
3Cited by15 opinions
- Federal Deposit Insurance Corp. v. Henry E. McClanahanCourt of Appeals for the Fifth Circuit · 1986
- 1st Coppell Bank v. Smith, Texas Court of Appeals, 5th District (Dallas)1987
- Great American Insurance v. AFS/IBEX Financial Services, Inc.Court of Appeals for the Fifth Circuit · 2010
- First National Bank of Manitowoc, Plaintiff-Appellee/cross-Appellant v. Cincinnati Insurance Company, Defendant-Appellant/cross-AppelleeCourt of Appeals for the First Circuit · 2007
- Bank of America, N.A. v. Amarillo National Bank, Texas Court of Appeals, 7th District (Amarillo)2004
10 more not listed; retrieve them via the Exa API.