Connolly v. Commercial Nat. Bank

DAWKINS, Chief Judge.

This court has the duty of entering in the present case a judgment in conformity with the latest decision of the Court of Appeals. 5 Cir., 176 F.2d 1004, 177 F.2d 514. This requires, it is believed, that an attempt should be made to carry out the decision of the majority that the New Bank be credited with six per cent (6%) interest on daily balances on all Class “B” assets, notwithstanding in the decision they were held to be the property in full ownership of the New Bank.

At the suggestion of this court, counsel for the parties have stipulated the points of difference…