Legal Opinion

Banco Mercantil Americano de Cuba v. Taggart Coal Co.

Court of Appeals for the Fifth Circuit

Decided November 1, 1921No. 3760PublishedCited by 8 opinions

Appeal from the 'District Court of the United States for the Southern District of Georgia; Beverly D. Evans, Judge. Suit in equity by the Banco Mercantil Americano de Cuba against the Taggart Coal • Company and others. From an order dismissing the bill and transferring the cause to the law side of the court, complainant appeals.

1Opinion of the Court

BRYAN, Circuit Judge.

This is an appeal from an order dismissing appellant’s bill from the equity side of the court and transferring it to the law side.

The hill averred: That appellant, a banking corporation of Havana, Cuba, issued ■& letter of credit to the Taggart Coal Company, appellee, and advanced to it a total of $1,100,612 for the financing of shipments of coal from the United States to Cuban ports; that there was a balance due appellant of approximately $300,000; that in pursuance of agreement between the parties, appellant paid drafts in favor of the coal company through a…

2Cases cited5 opinions

  1. Oelrichs v. SpainSupreme Court of the United States · 1872
  2. Clews v. JamiesonSupreme Court of the United States · 1901
  3. Townsend v. VanderwerkerSupreme Court of the United States · 1895
  4. Wylie v. CoxeSupreme Court of the United States · 1854
  5. Seymour v. FreerSupreme Court of the United States · 1869

3Cited by8 opinions

  1. General Electric Co. v. Marvel Rare Metals Co.Supreme Court of the United States · 1932
  2. Hancock Oil Co. v. Universal Oil Products Co.Court of Appeals for the Ninth Circuit · 1940
  3. Taylor v. SpurwayCourt of Appeals for the Fifth Circuit · 1934
  4. International Forwarding Co. v. BrewerCourt of Appeals for the Fifth Circuit · 1950
  5. American Cyanamid Co. v. Wilson & Toomer Fertilizer Co.Court of Appeals for the Fifth Circuit · 1933

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