Legal Opinion

In re William Hill & Sons

District Court, E.D. Pennsylvania

Decided April 19, 1911No. 3,151PublishedCited by 1 opinion

In the matter of William Hill & Sons, bankrupts. On review of .an order of Referee Alfred Driver on a claim to surplus funds.

1Opinion of the Court

J. B. McPHERSON, District Judge.

William Hill was a member of the bankrupt firm. Since March, 1896, the firm had been a depositor and borrower in the Southwark National Bank, and owed the bank about $10,000 when the petition was filed. William Hill individually had also been a depositor and borrower; his separate transactions beginning in November, 1904. When the petition was filed his individual debt was $4,800, and for this sum the bank held certain stock'and *570two- policies, of life insurance as collateral security. The stock has been-sold., and the proceeds properly applied. The policies…

2Cases cited4 opinions

  1. Hallowell v. Blackstone National BankMassachusetts Supreme Judicial Court · 1891
  2. Bank of Buffalo v. . ThompsonNew York Court of Appeals · 1890
  3. Singer Manufacturing Co. v. AllenMassachusetts Supreme Judicial Court · 1877
  4. Soisson v. First Nat. Bank of PittsburghCourt of Appeals for the Third Circuit · 1910

3Cited by1 opinion

  1. Molson's Bank v. HoekzemaMichigan Supreme Court · 1927

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