Legal Opinion
Temple v. Clinton Trust Company
Supreme Court of New Jersey
Decided December 20, 1948PublishedCited by 25 opinions
1Opinion of the Court
The opinion of the court was delivered by
Heher, J.
The essential question here is whether assets transferred by the Clinton Trust Company to the Newark Mortgage Company, a subsidiary holding company, “were impressed with a trust” for the benefit of the holders of participation certificates issued by the Mortgage Company to depositors of the Trust Company as of March 3, 1933, when it suspended business in accordance with the Presidential proclamation of a “bank holiday,” enforceable against the surplus remaining upon the dissolution and liquidation of the Trust Company now in process, to the…
2Cases cited3 opinions
- Case v. Los Angeles Lumber Products Co.Supreme Court of the United States · 1939
- Rees v. City of WatertownSupreme Court of the United States · 1874
- Heine v. Levee CommissionersSupreme Court of the United States · 1874
3Cited by25 opinions
- VRG Corp. v. GKN Realty Corp.Supreme Court of New Jersey · 1994
- Communications Workers of America, Local 1087 v. Monmouth County Board of Social ServicesSupreme Court of New Jersey · 1984
- Loigman v. Township CommitteeNew Jersey Superior Court Appellate Division · 1997
- United States v. John DoeCourt of Appeals for the Third Circuit · 1992
- Johnston v. First National Bank & Trust Co. of JoplinMissouri Court of Appeals · 1981
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