Legal Opinion

Jennings v. United States Fidelity & Guaranty Co.

Supreme Court of the United States

Decided February 4, 1935No. 338PublishedCited by 83 opinions

1Opinion of the CourtJustice Cardozo

A trust has been impressed upon the assets of a national bank in the hands of a receiver for the proceeds of a check collected through a clearing house before the closing of the bank by the Comptroller of the Currency. The question is whether the trust may be upheld.

On December 29, 1931, the Commercial Trust Company of Gary, Indiana, as maker, delivered to the respondent, United States Fidelity and Guaranty Company, a check to the order of respondent in the sum of $2,196.89 upon the Gary State Bank of Gary, Indiana, as drawee. The check, duly endorsed by the payee, was deposited in a bank in…

2Cases cited25 opinions

  1. National Bank v. Insurance Co.Supreme Court of the United States · 1881
  2. Davis v. Elmira Savings BankSupreme Court of the United States · 1896
  3. First National Bank in St. Louis v. MissouriSupreme Court of the United States · 1924
  4. Cook County National Bank v. United StatesSupreme Court of the United States · 1883
  5. Texas & Pacific Railway Co. v. PottorffSupreme Court of the United States · 1934

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3Cited by83 opinions

  1. Anderson National Bank v. LuckettSupreme Court of the United States · 1944
  2. Cooper v. Union BankCalifornia Supreme Court · 1973
  3. McKee v. ParadiseSupreme Court of the United States · 1936
  4. Federal Deposit Insurance Corporation v. Mademoiselle Of CaliforniaCourt of Appeals for the Ninth Circuit · 1967
  5. Federal Deposit Insurance Corporation Deposit Insurance National Bank of Oklahoma City, Oklahoma v. Rocket Oil CompanyCourt of Appeals for the Tenth Circuit · 1989

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

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