Central Trust Co. v. H. B. Mehring Co.
Court of Appeals of Maryland
1Opinion of the Court
The American Foundry and Manufacturing Company was from 1910 to 1915 engaged in the manufacture of iron and steel products in Frederick City, Maryland. Whether it was ever successful does not appear, but it does appear that for some time prior to December 15th, 1925, it had been suffering heavy losses, and that on that date its credit was crippled, it was unable to meet its pay roll, the interest on bonds aggregating $44,000, secured by a mortgage deed of trust on its property, was overdue, it was unable to meet its current obligations, and it was in urgent need of additional working capital.
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2Cases cited13 opinions
- Hooper v. Central Trust Co.Court of Appeals of Maryland · 1895
- Kneeland v. LuceSupreme Court of the United States · 1891
- Baltimore Building & Loan Ass'n v. AldersonCourt of Appeals for the Fourth Circuit · 1898
- Metropolitan Trust Co. v. Tonawanda Valley & Cuba RailroadNew York Court of Appeals · 1886
- Johnson v. RobertsonCourt of Appeals of Maryland · 1869
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3Cited by6 opinions
- Clifford v. West Hartford Creamery Co.Supreme Court of Vermont · 1931
- State v. CoblentzCourt of Appeals of Maryland · 1935
- In Re Dissolution of Henry Smith Floral Co.Michigan Supreme Court · 1932
- Wire Wheel Corp. of America v. Fayette Bank & Trust Co. of ConnersvilleCourt of Appeals for the Seventh Circuit · 1928
- Cox v. SnowIdaho Supreme Court · 1929
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