Legal Opinion

State Bank of Winfield v. Alva Security Bank

Court of Appeals for the Eighth Circuit

Decided April 17, 1916No. Nos. 4446, 4447PublishedCited by 18 opinions

Appeal from the District Court of the United States for the Western District of Oklahoma; John H. Cotteral, Judge. Suits by the State Bank of Winfield, a banking corporation of the state of Kansas, and by the Second National Bank, a banking corporation of New Hampton, in the state of Iowa, against the Alva Security Bank, a banking corporation of the state of Oklahoma, and another. From decrees for defendants, plaintiffs appeal.

1Opinion of the Court

AMIDON, District Judge.

M. M. Fulkerson was for several years the cashier and active manager of the Alva Security Bank of Alva, Okl. On the 9th of August, 1913, the bank was found to be hopelessly insolvent and was taken charge of by the state bank commissioner. That was Saturday. By the following Monday morning the defendant, the Central Bank, had been organized. It was composed largely of the stockholders and officers of the Alva Security Bank. The bank commissioner turned over to this new bank substantially all the assets of the old, upon its agreement to pay depositors of the Security Bank…

2Cases cited6 opinions

  1. Empire State Surety Co. v. Carroll CountyCourt of Appeals for the Eighth Circuit · 1912
  2. Board of Com'rs v. StrawnCourt of Appeals for the Sixth Circuit · 1907
  3. Brennan v. TillinghastCourt of Appeals for the Sixth Circuit · 1913
  4. Burnham v. BarthWisconsin Supreme Court · 1895
  5. In re BrownCourt of Appeals for the Second Circuit · 1912

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

3Cited by18 opinions

  1. Farmers' Nat. Bank of Burlington v. PribbleCourt of Appeals for the Eighth Circuit · 1926
  2. Mechanics & Metals Nat. Bank of New York v. BuchananCourt of Appeals for the Eighth Circuit · 1926
  3. Titlow v. McCormickCourt of Appeals for the Ninth Circuit · 1916
  4. Conqueror Trust Co. v. Fidelity & Deposit Co. of MarylandCourt of Appeals for the Eighth Circuit · 1933
  5. Dudley v. RichardsCourt of Appeals for the Eighth Circuit · 1927

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

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