Legal Opinion
Commissioner of Banks v. T. C. Lee & Co.
Massachusetts Supreme Judicial Court
Decided June 24, 1935PublishedCited by 8 opinions
1Opinion of the CourtRugg, C.J.
Each of these cases is an action of contract against the maker and indorser of a promissory note. The commissioner of banks took possession of the Lowell Trust Company on December 16, 1931, for the purpose of liquidation under the statutes. On that date the defendant T. C. Lee & Co., Inc., had a deposit in the commercial department of the trust company amounting to $2,138.72. On that date the trust company in its commercial department was the owner of three notes each indorsed by T. C. Lee & Co., Inc., aggregating $2,138.72, and each payable on a date after December 16, 1931. On that date the…
2Cases cited22 opinions
- Frati v. JanniniMassachusetts Supreme Judicial Court · 1917
- Lippitt v. Thames Loan & Trust Co.Supreme Court of Connecticut · 1914
- Pinney v. McGregoryMassachusetts Supreme Judicial Court · 1869
- Davis v. Industrial Manufacturing Co.Supreme Court of North Carolina · 1894
- O'Conner v. . GiffordNew York Court of Appeals · 1889
17 more not listed; retrieve them via the Exa API.
3Cited by8 opinions
- Forastiere v. Springfield Institution For SavingsMassachusetts Supreme Judicial Court · 1939
- Langdoc v. Gevaert Co. of America, Inc.Massachusetts Supreme Judicial Court · 1943
- Bucci v. ZampbellMassachusetts District Court, Appellate Division · 1943
- Ahern v. TowleMassachusetts District Court, Appellate Division · 1940
- Associates Discount Corp. v. LaniefskyMassachusetts District Court, Appellate Division · 1942
3 more not listed; retrieve them via the Exa API.