Legal Opinion

Third National Bank v. Lanahan

Court of Appeals of Maryland

Decided January 5, 1887PublishedCited by 19 opinions

Appeal from the Circuit Court of Baltimore City. This appeal was taken from an order of the Circuit Court, rejecting the claim of The Third National Bank of Baltimore, and sustaining the exceptions thereto of Thomas M. Lanahan, trustee, and the Rasin Fertilizer Company of Baltimore, and directing the Bank to pay all costs incurred in relation to such exceptions. The case is stated in the opinion of the Court.

1Opinion of the CourtBryan, J.

The material facts of this case lie within a very narrow compass. R. W. L. Rasin as the general.partner of the firm of R. W. L. Rasin & Co. made an assignment for the benefit of his creditors, both individual and partnership. The assignment embraced all the property of the firm and all the separate property of the grantor. The Third National Bank was a creditor of the firm. A portion of this indebtedness arose in this way: E. K. Cooper, known as a special partner of the firm, executed five promissory notes of five thousand dollars each payable to the order of R. W. L. Rasin & Co. These notes…

2Cases cited1 opinion

  1. Allender v. Vestry of Trinity ChurchCourt of Appeals of Maryland · 1845

3Cited by19 opinions

  1. Chemical Nat. Bank v. ArmstrongCourt of Appeals for the Sixth Circuit · 1893
  2. United Security Trust Company CaseSupreme Court of Pennsylvania · 1936
  3. National Union Bank v. National Mechanics' BankCourt of Appeals of Maryland · 1895
  4. Title Guarantee & Trust Co. v. BurdetteCourt of Appeals of Maryland · 1906
  5. Jamison v. Adler-Goldman Commission Co.Supreme Court of Arkansas · 1894

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