People v. . American Loan Trust Co.
New York Court of Appeals
Motion by the receiver of the defendant for a recall of the remittitur and for a reargument of the appeals herein ; or, if reargument is denied, for an amendment of the remittitur by inserting therein a more definite specification or description of the parties entitled to a distributive share of the fund in controversy.
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Motion by the receiver of the defendant for a recall of the remittitur and for a reargument of the appeals herein ; or, if reargument is denied, for an amendment of the remittitur by inserting therein a more definite specification or description of the parties entitled to a distributive share of the fund in controversy. Also a motion by Bauer, Iioester & O’Connor, unpreferred creditors in fact, but claiming a preference by virtue of having filed exceptions to the referee’s report herein, for a reargument. (See 177 E. Y. 231.)
1Opinion of the CourtWerner, J.
It will be remembered that the appeals herein were taken from an order of the Appellate Division, first department, providing for distribution among the unpreferred creditors of the American Loan and Trust Company, an insolvent corporation whose affairs are in process of liquidation, in an action for dissolution brought under the statute.
By the terms of the charter of this trust company, loans to it by savings banks were made preferred debts. In allowing the claims of certain savings banks under this statutory preference, the referee to whom the matter was referred, added interest up to the…
2Cases cited5 opinions
- People v. . American Loan Trust Co.New York Court of Appeals · 1902
- Attorney-General v. Guardian Mutual Life InsuranceNew York Court of Appeals · 1879
- Morgan v. New-York & Albany Rail RoadNew York Court of Chancery · 1843
- Lowene v. American Fire InsuranceNew York Court of Chancery · 1837
- People v. . American Loan Trust Co.New York Court of Appeals · 1904
3Cited by6 opinions
- People v. . CraneNew York Court of Appeals · 1915
- In Re the General Assignment for the Benefit of Creditors of Pavone Textile Corp.New York Court of Appeals · 1951
- In Re the Liquidation of Union Indemnity InsuranceNew York Court of Appeals · 1998
- In re FrenchAppellate Division of the Supreme Court of the State of New York · 1918
- In Re the Liquidation of Union Indemnity InsuranceNew York Court of Appeals · 1998
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