Legal Opinion
Nowel v. Equitable Trust Co.
Massachusetts Supreme Judicial Court
Decided September 19, 1924PublishedCited by 53 opinions
1Opinion of the CourtRugg, C.J.
This is an action of contract. The declaration alleges that the plaintiffs issued a letter of credit to The J. F. Mosser Co. Inc., engaged in trade in Argentina, in the sum of $50,000; that that company contemporaneously executed an agreement with the plaintiffs to furnish to them funds to meet all drafts drawn by it against the letter of credit one day before maturity; that thereafter, fór a valu- ' able consideration, the Equitable Trust Company and the Mosser Company executed and delivered to the plaintiffs a written guarantee of the complete performance by the Mosser Company of its…
2Cases cited65 opinions
- Central Transportation Co. v. Pullman's Palace Car Co.Supreme Court of the United States · 1891
- Railway Co. v. McCarthySupreme Court of the United States · 1878
- Merchants' Bank v. State BankSupreme Court of the United States · 1871
- California Bank v. KennedySupreme Court of the United States · 1897
- Davis v. Old Colony RailroadMassachusetts Supreme Judicial Court · 1881
60 more not listed; retrieve them via the Exa API.
3Cited by53 opinions
- Nussenbaum v. Chambers & Chambers Inc.Massachusetts Supreme Judicial Court · 1948
- Lennon v. CohenMassachusetts Supreme Judicial Court · 1928
- Union Old Lowell National Bank v. PaineMassachusetts Supreme Judicial Court · 1945
- M. McDonough Corp. v. ConnollyMassachusetts Supreme Judicial Court · 1943
- Federal National Bank v. O'ConnellMassachusetts Supreme Judicial Court · 1940
48 more not listed; retrieve them via the Exa API.