Ferro v. Citizens National Trust & Savings Bank
California Supreme Court
Jerome Weber and Jack Altman for Respondent in No. 23524.
1Opinion of the Court
TRAYNOR J.
Defendant appeals from judgments in favor of plaintiffs Ferro and Monarch in actions that were separately filed but were consolidated for purposes of trial and appeal. In these actions plaintiffs seek to recover insurance proceeds paid for their wine, which was destroyed by fire while stored with Sunnyside Winery. These proceeds came into defendant’s possession, and plaintiffs contend that defendant held them in trust for the benefit of plaintiffs and that defendant breached that trust by its disposition of these proceeds and by its failure to pay them to plaintiffs.
The storage…
2Cases cited25 opinions
- Lineman v. SchmidCalifornia Supreme Court · 1948
- California Insurance v. Union Compress Co.Supreme Court of the United States · 1890
- Castagnino v. BallettaCalifornia Supreme Court · 1889
- Wade v. Markwell & Co.California Court of Appeal · 1953
- Alexander v. Security-First National BankCalifornia Supreme Court · 1936
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3Cited by19 opinions
- Gherman v. ColburnCalifornia Court of Appeal · 1977
- Esgro Central, Inc. v. General InsuranceCalifornia Court of Appeal · 1971
- Barbara A. Brocklesby v. United States of America, and Jeppesen and CompanyCourt of Appeals for the Ninth Circuit · 1985
- Consolidated Freightways, Inc. & Affiliates v. CommissionerUnited States Tax Court · 1980
- Greenfield v. Insurance Inc.California Court of Appeal · 1971
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