Legal Opinion
In re Adair Realty & Trust Co.
District Court, N.D. Georgia
Decided November 9, 1929No. 12643PublishedCited by 3 opinions
1Opinion of the Court
SIBLEY, District Judge.
The bankrupt, Adair Realty & Trust Company, is a trust company under the laws of Georgia, with powers fixed by Georgia Civ. Code 1910, § .2817, as enlarged by Acts Ga. 1917, p. 56. Among them is (subsection 11, § 2817, Civ. Code Ga. 19100, the power “to purchase, invest in, and sell stoek, bills of exchange, bonds and mortgages, and other securities.” In its business of selling bonds it executed a number of underwriting contracts whereby it engaged to sell entire bond issues amounting to millions of dollars upon buildings to be erected. Each contract roughly stated,…
2Cases cited13 opinions
- Williams v. United States Fidelity & Guaranty Co.Supreme Court of the United States · 1915
- Dunbar v. DunbarSupreme Court of the United States · 1903
- Hiscock v. Varick Bank of New YorkSupreme Court of the United States · 1907
- Atkins v. WilcoxCourt of Appeals for the Fifth Circuit · 1900
- Fields v. WillisSupreme Court of Georgia · 1905
8 more not listed; retrieve them via the Exa API.
3Cited by3 opinions
- In Re United Cigar Stores Co.Court of Appeals for the Second Circuit · 1934
- Pinckney v. WylieCourt of Appeals for the Fifth Circuit · 1936
- Bankers' Trust Co. v. Irving Trust Co.Court of Appeals for the Second Circuit · 1934