Legal Opinion
Allied Mills, Inc. v. Horton
Court of Appeals for the Seventh Circuit
Decided June 24, 1933No. 4927PublishedCited by 8 opinions
1Opinion of the Court
ALSCHULER, Circuit Judge.
The District Court dismissed appellant’s bill for want of equity. The facts as charged, stipulated, and found are:
Allied Mills, on November 24, 1930, drew its sight draft, through the First National Bank of Benton, 111., on one Crisp for $699.-82, attaching thereto a bill of lading for merchandise which Allied Mills had sold Crisp. On the face of the draft was printed:
“Collecting Bank Notice.
“This draft is a cash item and is not to be treated as a deposit. The funds obtained through its collection are to be accounted for to us and are not to be commingled with the…
2Cases cited5 opinions
- Empire State Surety Co. v. Carroll CountyCourt of Appeals for the Eighth Circuit · 1912
- Larabee Flour Mills v. First Nat. Bank of HenryettaCourt of Appeals for the Eighth Circuit · 1926
- Hirning v. Federal Reserve Bank of Minneapolis, Minn.Court of Appeals for the Eighth Circuit · 1931
- Larabee Flour Mills Co. v. First Nat. Bank of DublinDistrict Court, S.D. Georgia · 1931
- Globe & Rutgers Fire Ins. v. Cities Service Co.Court of Appeals for the Second Circuit · 1931
3Cited by8 opinions
- Brownell v. TurmanCourt of Appeals for the Seventh Circuit · 1935
- Johnson v. First Nat. Bank & Trust Co.District Court, N.D. Oklahoma · 1934
- American Surety Co. v. BaldwinCourt of Appeals for the Seventh Circuit · 1937
- Old Company's Lehigh, Inc. v. MeekerCourt of Appeals for the Second Circuit · 1934
- Calcasieu Nat. Bank in Lake Charles v. Bank of Abbeville & Trust Co.Court of Appeals for the Fifth Circuit · 1936
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