Tanana Valley R. Co. v. Washington-Alaska Bank
District Court, D. Alaska
The petition of the Dexter Horton National Bank for an order of the court directing the receiver of the Washington-Alaska Bank of Nevada to pay to it the sum of $27,246.76, with interest thereon at the rate of 8 per cent, per annum from January 30, 1914, is submitted on the following agreed statement of facts: 1. The petitioner, the Dexter Horton National Bank, of Seattle, Wash., is and at all times hereinafter stated was a national banking association, organized and doing…
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The petition of the Dexter Horton National Bank for an order of the court directing the receiver of the Washington-Alaska Bank of Nevada to pay to it the sum of $27,246.76, with interest thereon at the rate of 8 per cent, per annum from January 30, 1914, is submitted on the following agreed statement of facts: 1. The petitioner, the Dexter Horton National Bank, of Seattle, Wash., is and at all times hereinafter stated was a national banking association, organized and doing business at Seattle, in thei state of Washington, under the United States laws relating to national banks. 2. That on…
1Opinion of the Court
BUNNELL,, District Judge.
The position taken by the petitioner is that the decisions of the Supreme Court of the United States in Merrill v. National Bank of Jacksonville, 173 U. S. 131, 19 Sup. Ct. 360, 43 L. Ed. 640, and Aldrich v. Chemical National Bank, 176 U. S. 618, 20 Sup. Ct. 498, 44 L. Ed. 611, are controlling in this case, and that the sum of $27,248.76 claimed to be due on January 30, 1914, was ascertained in accordance with the methods of calculation employed in those cases. In Merrill v. National Bank of Jacksonville, supra, the rule is established that:
“A secured creditor of a…
2Cases cited7 opinions
- Sexton v. DreyfusSupreme Court of the United States · 1911
- Merrill v. National Bank of JacksonvilleSupreme Court of the United States · 1899
- Aldrich v. Chemical National BankSupreme Court of the United States · 1900
- Hitner v. Diamond State Steel Co.U.S. Circuit Court for the District of Delaware · 1910
- Commercial & Savings Bank v. Robert H. Jenks Lumber Co.U.S. Circuit Court for the District of Northern Ohio · 1911
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