Legal Opinion

Knox National Farm Loan Ass'n v. Phillips

Supreme Court of the United States

Decided February 1, 1937No. 389PublishedCited by 30 opinions

1Opinion of the CourtJustice Cardozo

The controversy in this case malíes it necessary to determine the remedies available to a shareholder in an insolvent farm loan association upon the refusal of a demand for the retirement of his shares.

Respondent is the owner of a farm in Knox County, Ohio. His vendors were members of the Knox National Farm Loan Association, a cooperative membership corporation chartered under federal law. Federal Farm Loan Act, July 7, 1916, c. 245, §7, 39 Stat. 365; 12 U. S. C. § 711. Through that association they procured a loan from the Federal Land Bank of Louisville, giving a mortgage as security. Part…

2Cases cited22 opinions

  1. Smith v. Kansas City Title & Trust Co.Supreme Court of the United States · 1921
  2. Collins v. MillerSupreme Court of the United States · 1920
  3. McGourkey v. Toledo & Ohio Central Railway Co.Supreme Court of the United States · 1892
  4. Cook County National Bank v. United StatesSupreme Court of the United States · 1883
  5. St. Louis, Iron Mountain & Southern Railroad v. Southern Express Co.Supreme Court of the United States · 1883

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

3Cited by30 opinions

  1. Federal Land Bank of St. Paul v. Bismarck Lumber Co.Supreme Court of the United States · 1941
  2. In re Saco Local Development Corp.Court of Appeals for the First Circuit · 1983
  3. Waterbury Savings Bank v. DanaherSupreme Court of Connecticut · 1940
  4. Fahey v. O'Melveny & Myers Federal Home Loan Bank of San Francisco v. O'Melveny & MyersCourt of Appeals for the Ninth Circuit · 1952
  5. Beneficial Industrial Loan Corp. v. SmithCourt of Appeals for the Third Circuit · 1948

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

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