Young v. Gordon
Court of Appeals for the Fourth Circuit
Petition to Superintend and Revise, in Matter of Law, Proceedings of the District Court of the United States for the Eastern District of Virginia, at Richmond, in Bankruptcy; Edmund Waddill, Jr., Judge. In the matter of the Foster Motor Car Company, bankrupt; James W. Gordon and John B. Lightfoot, receivers. An order of the referee for the payment of a dividend was affirmed by the District Court, and C. E. Young files a petition to superintend and revise the proceedings.,
1Opinion of the Court
McDOWEEL, District Judge.
From May, 1911, until December, 1913, the Commonwealth Bank was lending money to the Foster Motor Car Company, to be herein called the Foster Company. On December 8, 1911, the Foster Company executed a note to the bank for $5,000, which was secured by the indorsement of C. L. Young— an officer of the Foster Company — and E. M. Foster and Nixon Ball. This note was delivered to the bank with the following letter:
“Richmond, Va., Dec. 7, 1911.
“Commonwealth Bank, Richmond, Va. — Gentlemen: We herewith hand yon our note dated Dec. —, 1911, payable on demand at the…
2Cases cited13 opinions
- Sexton v. DreyfusSupreme Court of the United States · 1911
- Merrill v. National Bank of JacksonvilleSupreme Court of the United States · 1899
- Aldrich v. Chemical National BankSupreme Court of the United States · 1900
- Board of Com'rs v. HurleyCourt of Appeals for the Eighth Circuit · 1909
- Gorman v. WrightCourt of Appeals for the Fourth Circuit · 1905
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- Commonwealth Ex Rel. Schnader v. National Surety Co.Supreme Court of Pennsylvania · 1944
- In Re Lincoln Industries, Inc.District Court, W.D. Virginia · 1958
- In re Hanson & Tyler Auto Co.District Court, N.D. Iowa · 1922
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