Legal Opinion
Maley v. East Side Bank of Chicago
Court of Appeals for the Seventh Circuit
Decided June 1, 1966No. 15072PublishedCited by 6 opinions
1Opinion of the Court
GRANT, District Judge.
This is an action by a trustee in bankruptcy for a corporation to recover from a bank the amounts of checks payable to the corporation but cashed or deposited by the president and sole shareholder of the corporation for his own benefit. The district court entered a summary judgment for the trustee against the bank in the sum of $46,127.18 plus interest and costs.1 We are of the opinion that the decision of the district court should be affirmed, the reasons for which are hereinafter set forth following a statement of the facts.
After several months of existence as a sole…
2Cases cited9 opinions
- Wagner Trading Co. v. Battery Park National BankNew York Court of Appeals · 1920
- United States Cold Storage Co. v. Central Manufacturing District BankIllinois Supreme Court · 1931
- Callaway v. Hamilton Nat. Bank of WashingtonCourt of Appeals for the D.C. Circuit · 1952
- Speasl v. National Bank of DecaturAppellate Court of Illinois · 1962
- Miller v. First Granite City National BankAppellate Court of Illinois · 1953
4 more not listed; retrieve them via the Exa API.
3Cited by6 opinions
- Michalski v. State Bank & Trust (In Re Taco Ed's, Inc.)United States Bankruptcy Court, N.D. Ohio · 1986
- United Milk Products Company, a Delaware Corporation v. Michigan Avenue National Bank of Chicago, a National Banking AssociationCourt of Appeals for the Seventh Circuit · 1968
- United Milk Products Company, a Delaware Corporation v. Lawndale National Bank of Chicago, a National Banking AssociationCourt of Appeals for the Seventh Circuit · 1968
- Maley v. East Side BankCourt of Appeals for the Seventh Circuit · 1966
- United Milk Products Company, a Delaware Corporation v. Michigan Avenue National Bank of Chicago, a National Banking AssociationCourt of Appeals for the Seventh Circuit · 1968
1 more not listed; retrieve them via the Exa API.