Legal Opinion

First Nat. Bank of Danville v. Phalen

Court of Appeals for the Seventh Circuit

Decided December 8, 1932No. 4819PublishedCited by 24 opinions

1Opinion of the Court

ALSCHULER, Circuit Judge.

The trustee in bankruptcy of Adam Eaton brought suit at law to recover an alleged preferential payment of $3,300 made to the bank within four months of the bankruptcy. The bank held Adam’s note for $7,-500, whereon his brother Bert and one Pugh were sureties. On maturity, the bank insisted upon payment. Adam and Bert came to the bank March 5-, 1930, and produced a cheek, payable to Bert, of the Northwestern Mutual Life Insurance Company for $2,264, indorsed on the back by Bert and Adam, and Bert there wrote his own check on his own funds in another bank for $736,…

2Cases cited6 opinions

  1. National Bank of Newport v. National Herkimer County Bank of Little FallsSupreme Court of the United States · 1912
  2. Continental & Commercial Trust & Savings Bank v. Chicago Title & Trust Co.Supreme Court of the United States · 1913
  3. CITIZENS'NAT. BANK OF GASTONIA, NC v. LinebergerCourt of Appeals for the Fourth Circuit · 1930
  4. Mason v. National Herkimer County Bank of Little FallsCourt of Appeals for the Second Circuit · 1909
  5. Olmstead v. Massachusetts Trust Co.District Court, D. Massachusetts · 1926

1 more not listed; retrieve them via the Exa API.

3Cited by24 opinions

  1. Manchester v. First Bank & Trust Co. (In Re Moses)Bankruptcy Appellate Panel of the Tenth Circuit · 2000
  2. In Re MJ Sales & Distributing Co., Inc.United States Bankruptcy Court, S.D. New York · 1982
  3. McCuskey v. National Bank of Waterloo (In re Bohlen Enterprises, Ltd.)Court of Appeals for the Eighth Circuit · 1988
  4. Mary K. Aulick, and Cross-Appellee v. Flournoy L. Largent, Jr., Trustee for Ansel B. Solenberger, Bankrupt, and Cross-Appellant v. Eldridge M. LemleyCourt of Appeals for the Fourth Circuit · 1961
  5. Coleman American Moving Services, Inc. v. First National Bank & Trust Co. of Kearney (In Re American Properties, Inc.)United States Bankruptcy Court, D. Kansas · 1981

19 more not listed; retrieve them via the Exa API.

Showing a preview — retrieve the full document via the Exa API.

Powered by the Exa API