Legal Opinion
Kansas State Bank v. Citizens Bank
Court of Appeals for the Eighth Circuit
Decided June 29, 1984No. 83-1315PublishedCited by 43 opinions
1Opinion of the Court
JOHN R. GIBSON, Circuit Judge.
Appellee The Kansas State Bank in Holton purchased a $200,000 loan participation certificate from appellant The Citizens Bank of Windsor. The borrower, Oldham’s Farm Sausage, Inc., subsequently went out of business. Holton Bank lost the entire $200,000 when its priority in collateral securing the loan proved to be junior to that of other lenders. Holton Bank then brought this suit alleging federal and Missouri securities laws violations (counts I and II) and common law fraud (count III). The jury returned a verdict in favor of Holton Bank on all three counts and…
2Cases cited47 opinions
- Securities and Exchange Commission v. W. J. Howey Co.Supreme Court of the United States · 1946
- United Housing Foundation, Inc. v. FormanSupreme Court of the United States · 1975
- Tcherepnin v. KnightSupreme Court of the United States · 1967
- Securities & Exchange Commission v. C. M. Joiner Leasing Corp.Supreme Court of the United States · 1943
- Fed. Sec. L. Rep. P 95,614 the Exchange National Bank of Chicago v. Touche Ross & Co.Court of Appeals for the Second Circuit · 1976
42 more not listed; retrieve them via the Exa API.
3Cited by43 opinions
- Vicki Westcott, Administratrix of the Estate of Arden Westcott, Deceased v. City of Omaha, a Municipal CorporationCourt of Appeals for the Eighth Circuit · 1990
- Linda Jasperson, Appellant/cross-Appellee v. Purolator Courier Corp., Appellee/cross-AppellantCourt of Appeals for the Eighth Circuit · 1985
- Resolution Trust Corp. v. StoneCourt of Appeals for the Tenth Circuit · 1993
- McMichael v. United StatesCourt of Appeals for the Eighth Circuit · 1988
- McMichael v. United StatesCourt of Appeals for the Eighth Circuit · 1985
38 more not listed; retrieve them via the Exa API.