Legal Opinion
In re the Receivership of the Home National Bank
District Court, S.D. New York
Decided December 18, 1956PublishedCited by 2 opinions
1Opinion of the Court
PALMIERI, District Judge.
I am filing an order herewith granting the petition1 of the Federal Deposit Insurance Corporation as Receiver of The Home National Bank of Ellenville, Ellen-ville, New York, to enter into a proposed contract for the sale of certain assets of the receivership estate. The express purpose of the contract is to permit the newly organized Ellenville National Bank to assume the deposit liabilities of the closed bank and to provide the community of Ellenville with a sound banking service, now unhappily interrupted. The contract appears to be fair and equitable and reasonably…
2Cases cited14 opinions
- National Mutual Insurance v. Tidewater Transfer Co.Supreme Court of the United States · 1949
- United States v. FerreiraSupreme Court of the United States · 1852
- In Re ChetwoodSupreme Court of the United States · 1897
- Cook County National Bank v. United StatesSupreme Court of the United States · 1883
- Baker v. SchofieldSupreme Court of the United States · 1917
9 more not listed; retrieve them via the Exa API.
3Cited by2 opinions
- In Re the Liquidation of Franklin National BankDistrict Court, E.D. New York · 1974
- In the Matter of the Conservatorship of the Wellsville National Bank, Wellsville, Pennsylvania. Gordon S. Miller and Frances S. MillerCourt of Appeals for the Third Circuit · 1969