Legal Opinion

City of Grand Rapids, Mich. v. McCurdy

Court of Appeals for the Sixth Circuit

Decided June 24, 1943No. 9504PublishedCited by 19 opinions

1Opinion of the Court

SIMONS, Circuit Judge.

The appeal presents important questions involving the status of loans made by a closed National Bank to municipal corporations, and the right of the receiver of the bank to deduct from liquidating dividends interest on the loans from the time they were made to the date of their payment, notwithstanding a written undertaking by the bank that the loans were to be without interest. The District Court held for the receiver, and the City and the Board appeal.

The situation leading to the controversy grows out of the Michigan Banking Holi,day of 1933. On February 11 of that…

2Cases cited19 opinions

  1. Clearfield Trust Co. v. United StatesSupreme Court of the United States · 1943
  2. Board of Comm'rs of Jackson Cty. v. United StatesSupreme Court of the United States · 1939
  3. Davis v. Elmira Savings BankSupreme Court of the United States · 1896
  4. Deitrick v. GreaneySupreme Court of the United States · 1940
  5. Cook County National Bank v. United StatesSupreme Court of the United States · 1883

14 more not listed; retrieve them via the Exa API.

3Cited by19 opinions

  1. Luckenbach Steamship Co., Inc. v. United StatesCourt of Appeals for the Second Circuit · 1963
  2. Campbell v. Regal Typewriter Co., Inc.Supreme Court of Alabama · 1976
  3. Household Consumer Discount Co. v. VespazianiSupreme Court of Pennsylvania · 1980
  4. Gibbins v. KosugaNew Jersey Superior Court Appellate Division · 1972
  5. Hawkeye-Security Insurance Co. v. ApodacaWyoming Supreme Court · 1974

14 more not listed; retrieve them via the Exa API.

Showing a preview — retrieve the full document via the Exa API.

Powered by the Exa API