Legal Opinion
Scott County v. Kent
Court of Appeals for the Sixth Circuit
Decided June 8, 1938No. 7705PublishedCited by 2 opinions
1Opinion of the Court
ALLEN, Circuit Judge.
Scott County, Tennessee, and its trustee filed a bill in equity praying for preference in the assets of an insolvent bank. The District Court dismissed the bill.
The sole question presented is whether the deposit of a draft in the First Trust & Savings Bank of Oneida, Tennessee, created an agency relationship or a debtor-creditor relationship between the depositor and the bank.
The draft in question, in the amount of $50,687.01, was drawn by the Cincinnati,New Orleans & Texas Pacific Railway Company in payment of taxes. The trustee received the draft on February 24, 1933,…
2Cases cited6 opinions
- Burton v. United StatesSupreme Court of the United States · 1905
- City of Douglas v. Federal Reserve Bank of DallasSupreme Court of the United States · 1926
- Jennings v. United States Fidelity & Guaranty Co.Supreme Court of the United States · 1935
- Pearson v. BrennanCourt of Appeals for the First Circuit · 1935
- Ogdin v. GoodwinCourt of Appeals for the Sixth Circuit · 1935
1 more not listed; retrieve them via the Exa API.
3Cited by2 opinions
- American Sugar Refining Co. v. AndersonCourt of Appeals for the Sixth Circuit · 1939
- First Trust & Savings Bank of Oneida v. KentCourt of Appeals for the Sixth Circuit · 1941