Legal Opinion
Jamison v. Federal Deposit Ins.
Court of Appeals for the Fifth Circuit
Decided May 14, 1945No. 11269PublishedCited by 4 opinions
1Opinion of the Court
HOLMES, Circuit Judge.
The Benjamin State Bank of Benjamin, Texas, became financially involved in 1934. *200In an effort to survive its crisis, it borrowed $32,500 from the Reconstruction Finance Corporation, issuing to that agency income debentures aggregating in. principal the amount borrowed. These debentures provided that the obligations evidenced thereby should be subordinate to all obligations of the bank to its depositors and all other creditors; and that, in case of receivership of the bank, all depositors should be entitled to be paid in full all sums owing before any payment should be…
2Cases cited7 opinions
- Thomas v. Western Car Co.Supreme Court of the United States · 1893
- White v. KnoxSupreme Court of the United States · 1884
- Ticonic National Bank v. SpragueSupreme Court of the United States · 1938
- Chemical Nat. Bank v. ArmstrongCourt of Appeals for the Sixth Circuit · 1893
- First Nat. Bank of Houston v. Campbell Co.Court of Appeals of Texas · 1908
2 more not listed; retrieve them via the Exa API.
3Cited by4 opinions
- Huston v. Federal Deposit Insurance Corp.Texas Supreme Court · 1990
- Huston v. Federal Deposit Insurance Corp.Texas Supreme Court · 1990
- In Re Inland Gas Corporation, Debtor. In Re Kentucky Fuel Gas Corporation, Debtor. In Re American Fuel & Power Company, DebtorCourt of Appeals for the Sixth Circuit · 1957
- In Re Inland Gas Corporation, Debtor. In Re Kentucky Fuel Gas Corporation, Debtor. In Re American Fuel & Power Company, DebtorCourt of Appeals for the Sixth Circuit · 1957