Legal Opinion
CITIZENS BANK & TRUST COMPANY v. SLT Warehouse Company
District Court, M.D. Georgia
Decided January 2, 1974No. Civ. A. 1006PublishedCited by 3 opinions
1Opinion of the Court
OPINION
ELLIOTT, Chief Judge.
In this action the Plaintiff seeks to recover for losses sustained resulting from shortages in the amount of grain represented by warehouse receipts which it had taken as collateral for loans made by it to the person to whom the receipts had been issued by the Defendant. In its answer the Defendant denies liability to the Plaintiff and by third party action seeks contribution or indemnity from the person to whom its receipts were issued, it being alleged that he is responsible for the shortages.
The case was tried by the Court sitting without a jury on November 29…
2Cases cited2 opinions
- First National Bank Of Fleming v. Paul K. PetzoldtCourt of Appeals for the First Circuit · 1958
- Consolidated Co. v. Citizens BankCourt of Appeals of Georgia · 1924
3Cited by3 opinions
- Midland Bean Company v. Farmers State BankColorado Court of Appeals · 1976
- Bank of New York v. Amoco Oil Co.District Court, S.D. New York · 1993
- The Citizens Bank and Trust Co., Bainbridge, Georgia v. St. Louis Terminal Warehouse Co., Defendant-Third-Party Howell Mathis, Etc., Third-PartyCourt of Appeals for the Third Circuit · 1975