City Council v. Elliott
Court of Appeals for the Fourth Circuit
1Opinion of the Court
PARKER, Circuit Judge.
This is an appeal by the eity council of Charleston, S. C., from a decree, entered in the receivership proceedings of the failed People’s State Bank of South Carolina, denying priority to a claim for deposits made with the bank to meet tax anticipation notes executed by the city. The claim of the city was that the deposits were trust funds in the hands of the bank; that they augmented the assets which passed into the hands of. the receivers; that these assets should be held impressed with a trust to the amount of the deposits; and that the claim of the city should be…
2Cases cited12 opinions
- Blakey v. BrinsonSupreme Court of the United States · 1932
- Keyes v. Paducah & IR Co.Court of Appeals for the Sixth Circuit · 1932
- Swan v. Children's Home Soc. of West VirginiaCourt of Appeals for the Fourth Circuit · 1933
- Manhattan Co. v. BlakeSupreme Court of the United States · 1893
- Northern Sugar Corporation v. ThompsonCourt of Appeals for the Eighth Circuit · 1926
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3Cited by5 opinions
- In Re Hibernia Bank & Trust Co.Supreme Court of Louisiana · 1936
- City of Lincoln v. RickettsCourt of Appeals for the Eighth Circuit · 1935
- City of Los Angeles v. Irving Trust Co.Court of Appeals for the Second Circuit · 1939
- In re Kountze Bros.District Court, S.D. New York · 1938
- Wallace v. ElliottCourt of Appeals for the Fourth Circuit · 1937