Legal Opinion
Aberly v. Craven County
Court of Appeals for the Fourth Circuit
Decided April 3, 1934No. Nos. 3580, 3595PublishedCited by 2 opinions
1Opinion of the Court
PARKER, Circuit Judge.
The National Bank of New Bern, which we shall refer to hereafter as the old bank, found itself in financial difficulties in the early part of 1929, and on March 20th of that year entered into a contract with the First National Bank of New Bern, which we shall refer to as the new bank. This new bank was organized to take over the business of the old; and from one of the records before us it appears that its capital stock was paid for by funds loaned by Craven county to a certain investment corporation, and loaned by that corporation to the stockholders of the new hank to…
2Cases cited15 opinions
- Tait v. Western Maryland Railway Co.Supreme Court of the United States · 1933
- Texas & Pacific Railway Co. v. PottorffSupreme Court of the United States · 1934
- Wyman v. WallaceSupreme Court of the United States · 1906
- City of Marion v. SneedenSupreme Court of the United States · 1934
- Hightower v. American National Bank of MacOnSupreme Court of the United States · 1923
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3Cited by2 opinions
- White Packing Co. v. RobertsonCourt of Appeals for the Fourth Circuit · 1937
- Ottenheimer Bros. v. LibuwitzCourt of Appeals for the Fourth Circuit · 1935