National Bank of Kentucky v. Reeder
Court of Appeals for the Seventh Circuit
Appeals from the District Court of the United States for the District of Indiana. In the matter of the bankruptcy of the German Savings & Doan Association. The claims of the National Bank of Kentucky and others were disallowed on objection of Devi N. Reeder, trustee in bankruptcy, and claimants appeal.
1Opinion of the Court
BAKER, Circuit Judge.
For many years the bankrupt, organized as a building and loan association under a statute of Indiana, conducted its affairs in the usual and prescribed way. Eater, under a resolution of the board of directors, certificates of indebtedness, having the face characteristics of general corporation negotiable bonds, payable to bearer ten years after date, were directed to be signed by the president and *723the secretary and to be issued at par by the secretary as the managing officer.
In the bankruptcy court all claims that were based on such certificates, wherein the money had…
2Cases cited18 opinions
- McNight v. ParsonsSupreme Court of Iowa · 1907
- Western National Bank v. ArmstrongSupreme Court of the United States · 1894
- West St. Louis Savings Bank v. Shawnee County BankSupreme Court of the United States · 1877
- Moores v. Citizens' Nat. Bank of PiquaSupreme Court of the United States · 1884
- Stewart v. LansingSupreme Court of the United States · 1882
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3Cited by4 opinions
- Fidelity Trust Co. v. FowlerCourt of Appeals of Texas · 1919
- Ham v. EllisNew Mexico Supreme Court · 1937
- Fidelity Nat. Bank & Trust Co. of Kansas City v. Southern United Ice Co.Court of Appeals for the Eighth Circuit · 1935
- Sundt v. Mutual Building Loan Ass'n of Las VegasNew Mexico Supreme Court · 1932