Koontz v. Northern Bank
Supreme Court of the United States
Appeal from the Circait Court for the Southern District of'Mississippi; the case being thus: The Commercial Bank of Natchez owning certain property, and among it a dwelling attached to its bankirtg-house, its property was placed, on an application for a forfeiture of its chárter, .in the hands of one Robertson as trustee.
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Appeal from the Circait Court for the Southern District of'Mississippi; the case being thus: The Commercial Bank of Natchez owning certain property, and among it a dwelling attached to its bankirtg-house, its property was placed, on an application for a forfeiture of its chárter, .in the hands of one Robertson as trustee. Several of the stockholders, represented by á certain Bacon, being dissatisfied with' what was thus- done, filed a bill in the court-below against this Robertson, and áll the property was taken from him and put into the hands of one Ferguson, as receiver. Hereupon, in…
1Opinion of the CourtJustice Field
There is only one question in this case which we deem it important to consider, and that is, whether the deed of the receiver, in the suit of Bacon and others v. Robertson, passed to Calhoun a good title to the property mortgaged by him; and upon this question we have no doubt.
The suit of Bacon and others v. Robertson related- to the effects of the Commercial Bank of Natchez in .the bands of the defendant, who had been appointed trustee under a proceeding for the forfeiture of the charter of the bank, and presented a case in which it was eminently proper that a receiver should be appointed of…
2Cited by18 opinions
- Smith v. ReevesSupreme Court of the United States · 1900
- Phelan v. Middle States Oil CorporationCourt of Appeals for the Second Circuit · 1946
- Wagoner Oil & Gas Co. v. MarlowSupreme Court of Oklahoma · 1929
- Carlisle v. Mercantile Trust Co.Court of Appeals for the Sixth Circuit · 1901
- Houston Nat. Exch. Bank v. ChapmanCourt of Appeals of Texas · 1924
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