Legal Opinion
Liberty National Bank & Trust Company of Louisville v. National Surety Corporation and Maryland Casualty Company
Court of Appeals for the Sixth Circuit
Decided April 17, 1964No. 15445_1PublishedCited by 7 opinions
1Opinion of the Court
EDWARDS, Circuit Judge.
Plaintiff bank suffered major losses as a result of swindles perpetrated by two concerns, Gateway Discount Company and York Car Rental Service, Inc. The losses totaled $798,715.93. In both instances the basic mechanism involved in the swindle was for the two companies to present to the bank for its purchase at discount notes secured by automobile chattel mortgages and auto leasing agreements made out in York and Gateway’s favor and signed by ostensible lessors or purchasers of said automobiles. The fundamental fraud in the transaction was that of forgery of the names of…
2Cases cited7 opinions
- State Bank of Poplar Bluff v. Maryland Casualty CompanyCourt of Appeals for the Eighth Circuit · 1961
- Equitable Life Assur. Soc. of U.S. v. AdamsCourt of Appeals of Kentucky (pre-1976) · 1935
- Equitable Life Assurance Society v. AdamsCourt of Appeals of Kentucky · 1935
- Provident Trust Co. v. National Surety Corp.Court of Appeals for the Third Circuit · 1943
- Independence Ins. Co. v. Jeffries' Adm'rCourt of Appeals of Kentucky (pre-1976) · 1943
2 more not listed; retrieve them via the Exa API.
3Cited by7 opinions
- Transamerica Ins. Co. v. Whitney National Bank of New OrleansSupreme Court of Louisiana · 1968
- First National Bank of Fort Walton Beach v. United States Fidelity and Guaranty CompanyCourt of Appeals for the First Circuit · 1969
- Tiarks v. First National Bank of MobileSupreme Court of Alabama · 1966
- Jones v. Fireman's Fund InsuranceCalifornia Court of Appeal · 1969
- KW Bancshares, Inc. v. Syndicates of Underwriters at Lloyd's, London Subscribing Policy G538944District Court, W.D. Tennessee · 1997
2 more not listed; retrieve them via the Exa API.