Legal Opinion
Bichel Optical Laboratories, Inc. v. Marquette National Bank
District Court, D. Minnesota
Decided December 17, 1971No. 4-70 Civ. 420PublishedCited by 14 opinions
1Opinion of the Court
NEVILLE, District Judge.
Plaintiff corporation alleges that it borrowed money from defendant bank of Minneapolis, Minnesota and on September 20, 1968 executed its renewal promissory note in the amount of $4,000 due in 31 days and bearing interest at the rate of 8% per annum. On that date interest in the amount of $27.56 was paid to defendant in cash. It is alleged that seven days later on September 27, 1968 defendant, under the guise of deeming itself insecure, wilfully and wrongfully seized funds on deposit in plaintiff’s checking account and certain collateral in the form of accounts…
2Cases cited11 opinions
- Farmers' & Mechanics' National Bank v. DearingSupreme Court of the United States · 1875
- Curtis and Others v. . LeavittNew York Court of Appeals · 1857
- Rosa v. . ButterfieldNew York Court of Appeals · 1865
- Haseltine v. Central Bank of SpringfieldSupreme Court of the United States · 1901
- Bernard M. Baum and Daniel S. Shulman v. Investors Diversified Services, Inc.Court of Appeals for the Seventh Circuit · 1969
6 more not listed; retrieve them via the Exa API.
3Cited by14 opinions
- May Department Store v. Graphic Process Company, and Bel-Aire & Associates, Inc.Court of Appeals for the Ninth Circuit · 1980
- Bergquist v. Anderson-Greenwood Aviation Corp. (In Re Bellanca Aircraft Corp.)United States Bankruptcy Court, D. Minnesota · 1985
- Bichel Optical Laboratories, Inc. v. The Marquette National Bank of MinneapolisCourt of Appeals for the Eighth Circuit · 1973
- Standfacts Credit Services, Inc. v. Experian Information Solutions, Inc.District Court, C.D. California · 2005
- Nietzel v. Farmers & Merchants State BankSupreme Court of Minnesota · 1976
9 more not listed; retrieve them via the Exa API.