Legal Opinion
O'Neal v. White
Court of Appeals for the Fourth Circuit
Decided November 12, 1935No. 3926PublishedCited by 4 opinions
1Opinion of the Court
PARKER, Circuit Judge.
This is a suit to declare assets in the hands of the receiver of a failed national hank subject to a trust, because of the sale by the bank of certain bonds which it held in trust for plaintiff. It is stipulated that the bank received in payment of the bonds checks drawn by two of its customers on their accounts with it; and there is no showing that its assets were augmented in this or in any other way as a result of the conversion and sale of the bonds. The checks of the customers of the bank received in payment of the bonds resulted in a mere shifting of credits on the…
2Cases cited8 opinions
- Texas & Pacific Railway Co. v. PottorffSupreme Court of the United States · 1934
- Blakey v. BrinsonSupreme Court of the United States · 1932
- Swan v. Children's Home Soc. of West VirginiaCourt of Appeals for the Fourth Circuit · 1933
- Lifsey v. Goodyear Tire & Rubber Co.Court of Appeals for the Fourth Circuit · 1933
- Wisdom v. KeenCourt of Appeals for the Fifth Circuit · 1934
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3Cited by4 opinions
- Downriver Community Federal Credit Union v. Penn Square Bank, Through Its Receiver, Federal Deposit Insurance Corporation, Wood Products Credit Union, Plaintiff-Appellant/cross-Appellee v. Penn Square Bank, Through Its Receiver, Federal Deposit Insurance Corporation, Defendant-Appellee/cross-AppellantCourt of Appeals for the Tenth Circuit · 1989
- Downriver Community Federal Credit Union v. Penn Square Bank ex rel. Federal Deposit InsuranceCourt of Appeals for the Tenth Circuit · 1989
- Union Planters Nat. Bank v. BiggsDistrict Court, M.D. North Carolina · 1937
- Wallace v. ElliottCourt of Appeals for the Fourth Circuit · 1937