Howland Bros. & Cave v. Barre Savings Bank & Trust Co.
Supreme Court of Vermont
Appeal in Chancery, Washington County. Heard at Chambers on March 5, 1912, on the pleadings, Taylor, Chancellor. Decree for the orators. The defendant appealed. The opinion states the case.
1Opinion of the CourtMunson, J.
The firm of Howland Brothers & Cave brought this bill of interpleader against the Barre Savings Bank and Trust Company and the Green Mountain Electric Company, and such proceedings were had thereon that the chancellor ordered that the orators be discharged upon their paying the fund into court, and that the defendants interplead.
The bill sets up the following matters. May 3, 1909, E. E. Larabee, the president of the Electric Company, personally purchased from F. W. Nichols, for $3,000 in cash, an electrical business in Barre, which he immediately sold and transferred to the Electric Company,…
2Cases cited2 opinions
- President, Directors & Co. of the City Bank v. BangsNew York Court of Chancery · 1831
- First National Bank v. West River RailroadSupreme Court of Vermont · 1874
3Cited by4 opinions
- Savage v. McCauleyMassachusetts Supreme Judicial Court · 1938
- Howland Bros. & Cave v. Barre Savings Bank & Trust Co.Supreme Court of Vermont · 1915
- United Carbon Co. v. PresleyWest Virginia Supreme Court · 1944
- Windsor Locks Building and Loan Assoc. v. ButlerConnecticut Superior Court · 1938