Stanwood v. Des Moines Savings Bank
Court of Appeals for the Eighth Circuit
Appeal from the Circuit Court of the United States for the Southern District of Iowa. Suit in equity by Annie W. Stanwood and others against the Des Moines Savings Batik and the Des Moines Loan & Trust Company. From the decree both parties appeal.
1Opinion of the Court
HOOK, Circuit Judge.
This was a suit by Annie W. Stanwood and others, creditors of an insolvent trust company, to obtain a decree that Edward S. Wishard held the legal title to some real property in Des Moines, Iowa, in trust for the payment of their claims,- for an accounting between them and defendants Wishard and the Des Moines Savings Bank, a mortgagee, and that the lien of the bank’s mortgage be subordinated to their claims. While the suit was pending, Wishard conveyed to a trustee selected by complainants, and they released him from further responsibility. A decree was entered fixing the…
2Cases cited1 opinion
- Griffith v. Security Ass'nTennessee Supreme Court · 1898
3Cited by1 opinion
- United States v. WootenCourt of Appeals for the Tenth Circuit · 1930