Legal Opinion

Home Bond Co. v. McChesney

Supreme Court of the United States

Decided January 10, 1916No. 90PublishedCited by 39 opinions

APPEAL FROM THE CIRCUIT COURT OF APPEALS FOR THE SIXTH CIRCUIT. The facts, which involve construction of contracts between the bankrupt and one dealing with him and determination of whether such contracts were purchases of accounts or loans with the accounts as collateral, are stated in the opinion. .

1Opinion of the CourtJustice Pitney

The New England Chair Company, and its successor, the American Fibre Reed Company, are Kentucky corporations which were engaged in business at Frankfort, in that State. On February 1, 1912, involuntary petitions in bankruptcy were filed against both companies, and they were duly adjudicated bankrupts. The two cases in bankruptcy were consolidated and directed- to proceed as one cause, and the estates are under administration as one estate. The present appellant, The Home Bond Company, an Indiana corporation, filed intervening petitions, claiming certain funds in the hands of the trustee,…

2Cases cited1 opinion

  1. Houghton v. BurdenSupreme Court of the United States · 1913

3Cited by39 opinions

  1. Milana v. Credit Discount Co.California Supreme Court · 1945
  2. Southeastern Finance Co. v. CommissionerUnited States Tax Court · 1945
  3. General Motors Acceptance Corp. v. WeinrichMissouri Court of Appeals · 1924
  4. Noteman v. WelchCourt of Appeals for the First Circuit · 1939
  5. Mercantile Trust Co. v. KastorIllinois Supreme Court · 1916

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