Legal Opinion

In re Interborough Consol. Corp.

District Court, S.D. New York

Decided June 21, 1920PublishedCited by 14 opinions

In Bankruptcy. In the matter of the Interborough Consolidated Corporation, bankrupt. On petition of H. Content & Co. and others, claiming special fund.

1Opinion of the Court

MAYER, District Judge.

On assuming his duties, the trustee of the -bankrupt came into possession of a fund of $57,330, which constituted practically all of the moneys on deposit with Guaranty Trust Company of New York in an account entitled “Interborough Consolidated Corporation Dividend Account — Interborough Consolidated Corporation Preferred Stock” (hereinafter referred to as divident account). The present petition, advanced on behalf of petitioners and all persons similarly situated, sets up a claim to the fund and invites adjudication as to the rights of general creditors and of…

2Cases cited7 opinions

  1. Jermain v. Lake Shore & Michigan Southern Railway Co.New York Court of Appeals · 1883
  2. Staats v. Biograph Co.Court of Appeals for the Second Circuit · 1916
  3. Noyes v. . First National Bank of New YorkNew York Court of Appeals · 1918
  4. Staten Island Cricket & Baseball Club v. Farmers' Loan & Trust Co.Appellate Division of the Supreme Court of the State of New York · 1899
  5. Noyes v. First National Bank of New YorkAppellate Division of the Supreme Court of the State of New York · 1917

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

3Cited by14 opinions

  1. In re Interborough Consol. Corp.Court of Appeals for the Second Circuit · 1923
  2. St. Louis Southwestern Railway Co. v. MeyerSupreme Court of Missouri · 1954
  3. Gregg v. U.S. Industries, Inc.Court of Appeals for the Eleventh Circuit · 1983
  4. Clarke v. New York Trust Co.Court of Appeals for the Second Circuit · 1943
  5. In re Interborough Consolidated Corp.District Court, S.D. New York · 1921

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

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