Legal Opinion

Bessie A. Spires v. North American Acceptance Corporation

Court of Appeals for the Fifth Circuit

Decided October 10, 1967No. 24710PublishedCited by 4 opinions

1Opinion of the Court

BELL, Circuit Judge:

Mrs. Spires brought suit to recover $8,557.21 alleged to be due under certain dealer reserve certificates and $50,000’ in punitive damages based on the claimed conversion of the sums due under the certificates. Mrs. Spires was engaged in the business of selling house trailers. During the course of her business she discounted conditional sales contracts and similar commercial paper secured by the trailers to Southeastern Fund, a South Carolina corporation. Southeastern Fund withheld a portion of the discount price as a reserve against any losses which it might sustain on…

2Cases cited6 opinions

  1. Saint Paul Mercury Indemnity Co. v. Red Cab Co.Supreme Court of the United States · 1938
  2. Van Dusen v. BarrackSupreme Court of the United States · 1964
  3. Bell v. Preferred Life Assurance SocietySupreme Court of the United States · 1943
  4. Ray v. Pilgrim Health & Life InsuranceSupreme Court of South Carolina · 1945
  5. Griffith v. Metropolitan Life Ins. Co.Supreme Court of South Carolina · 1938

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3Cited by4 opinions

  1. Vardaman S. Dunn v. Koehring Company, Hyde Construction Company, Inc., Cross v. Koehring Company, CrossCourt of Appeals for the Fifth Circuit · 1977
  2. G. R. Bott v. American Hydrocarbon Corporation, Defendnat-AppelleeCourt of Appeals for the Fifth Circuit · 1971
  3. Delgado De Jesus v. Eastern Air Lines, Inc.District Court, D. Puerto Rico · 1989
  4. Lindsay v. American General Life & Accident InsuranceDistrict Court, N.D. Alabama · 2001

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