Legal Opinion
Balsa Ecuador Lumber Corp. v. Security National Bank
District Court, E.D. North Carolina
Decided June 4, 1956No. Civ. No. 511PublishedCited by 3 opinions
1Opinion of the Court
GILLIAM, District Judge.
'Jhis case was tried without a jury. Jurisdiction is based on diversity of citizenship and an amount in controversy that exceeds $3,000. Balsa Ecuador Lumber Corporation is a New York company. The Security National Bank is a banking corporation chartered by the Federal Government. The Bank’s principal office is in Greensboro, North Carolina. Its branch office in Wilmington, North Carolina, became involved in the dispute at hand, which arose under the following circumstances.
The Marine Development Corporation was a business concern with its principal offices in…
2Cases cited8 opinions
- Lawson v. Bank of BladenboroSupreme Court of North Carolina · 1932
- Thack v. First Nat. Bank & Trust Co.Court of Appeals for the First Circuit · 1953
- Safety Motors, Inc. v. Elk Horn Bank & Trust Co.District Court, W.D. Arkansas · 1954
- American National Bank v. Savannah Trust Co.Supreme Court of North Carolina · 1916
- Stowe v. Bank of Cape FearSupreme Court of North Carolina · 1832
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3Cited by3 opinions
- Northpark National Bank v. Bankers Trust Co.District Court, S.D. New York · 1983
- Hydrocarbon Processing Corp. v. Chemical Bank New York Trust Co.New York Court of Appeals · 1965
- Hydrocarbon Processing Corp. v. Chemical Bank New York Trust Co.Appellate Division of the Supreme Court of the State of New York · 1964