Legal Opinion
Sprague v. Ticonic Nat. Bank
District Court, D. Maine
Decided May 29, 1936PublishedCited by 4 opinions
1Opinion of the Court
PETERS, District Judge.
This is a bill in equity brought to establish a priority claim on certain bonds or the proceeds thereof in the hands of the defendant Picher, as receiver of the defendant Peoples-Ticonic National Bank.
I find the following facts:
In March, 1931, the plaintiff Lottie F. Sprague deposited with the Ticonic National Bank of Waterville about $5,000 in trust to be invested by the bank as trustee and used for the purpose of making certain periodical payments to the other plaintiff, Margaret Davis Sprague. The bank had been authorized to act in a fiduciary capacity under the…
2Cases cited3 opinions
- Scott v. ArmstrongSupreme Court of the United States · 1892
- Skud v. TillinghastCourt of Appeals for the Sixth Circuit · 1912
- Wittnebel v. LoughmanDistrict Court, S.D. New York · 1935
3Cited by4 opinions
- Sprague v. Ticonic National BankSupreme Court of the United States · 1939
- Sprague v. Ticonic Nat. BankCourt of Appeals for the First Circuit · 1940
- Philadelphia Gear Corp. v. Federal Deposit InsuranceDistrict Court, W.D. Oklahoma · 1984
- Sprague v. Ticonic Nat. BankDistrict Court, D. Maine · 1939