Legal Opinion

Donner v. Union Trust Co.

Court of Appeals for the Third Circuit

Decided September 10, 1927No. 3536PublishedCited by 1 opinion

1Opinion of the Court

DAVIS, Circuit Judge.

This is an appeal from a deere of the District Court permitting the payment of a note and the redemption of collateral by the trustee in bankruptcy.

In order to understand the significance of the various contentions and issues, a longer statement of the facts than usual seems necessary.

The International Fuel & Iron Corporation, on July 20, 1924, borrowed $25,000 from the Pittsburgh Trust Company upon its demand note, which was secured by the assignment of a claim for $102,298.70 held by it against the Donner Steel Company, Inc. The claim arose under a contract dated July…

2Cases cited13 opinions

  1. Peugh v. DavisSupreme Court of the United States · 1878
  2. Jerome v. McCarterSupreme Court of the United States · 1877
  3. In re Jersey Island Packing Co.Court of Appeals for the Ninth Circuit · 1905
  4. Treadwell v. . ClarkNew York Court of Appeals · 1907
  5. Casserly v. . WitherbeeNew York Court of Appeals · 1890

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3Cited by1 opinion

  1. Soto v. Kern County Sheriff's DepartmentDistrict Court, E.D. California · 2020

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