Legal Opinion
In the Matter of A. M. Townson & Co., Bankrupt
Court of Appeals for the Third Circuit
Decided October 5, 1960No. 12997_1PublishedCited by 6 opinions
1Opinion of the Court
McLAUGHLIN, Circuit Judge.
On March 20, 1957, the Bankrupt filed a Chapter XI petition and Messrs. Klein and East were appointed receivers to carry on the business pending confirmation of the arrangement. On March 28, 1957, they opened a general account with appellee. They opened a second account called “A. M. Townson & Co., Inc. Tax Account, Morton Q. Klein and William East, Receivers”, on the same day. On May 13, 1957 they opened a third account “Morton Q. Klein and William East, Receivers, Special Machinery Account.” The funds in the latter account were derived from the sale by the…
2Cases cited12 opinions
- Trestrail v. JohnsonSupreme Court of Pennsylvania · 1929
- Sherts v. Fulton National BankSupreme Court of Pennsylvania · 1941
- Franklin Savings & Trust Co. v. ClarkSupreme Court of Pennsylvania · 1925
- Commercial Nat. Bank of Independence v. Stockyards Loan Co.Court of Appeals for the Eighth Circuit · 1926
- Franklin Trust Co. of PhiladelphiaSupreme Court of Pennsylvania · 1935
7 more not listed; retrieve them via the Exa API.
3Cited by6 opinions
- In the Matter of Texas Mortgage Services Corporation, Debtor. Texas Mortgage Services Corporation v. Guadalupe Savings & Loan AssociationCourt of Appeals for the Fifth Circuit · 1985
- Samuel Kaufman, as Trustee in Bankruptcy of A-Ok Motor Lines, Inc. v. The First National Bank of Opp, AlabamaCourt of Appeals for the First Circuit · 1974
- In Re Saugus General Hospital, Inc., Debtor. Philip L. Sisk, Receiver of Saugus General Hospital v. Saugus Bank and Trust CompanyCourt of Appeals for the First Circuit · 1983
- Goodson Steel Corporation v. SheinfeldCourt of Appeals for the Fifth Circuit · 1974
- Republic National Bank v. SheinfeldCourt of Appeals for the Fifth Circuit · 1974
1 more not listed; retrieve them via the Exa API.