Legal Opinion
Middleton v. Fidelity-Philadelphia Trust Co.
Court of Appeals for the Third Circuit
Decided November 7, 1929No. 4036PublishedCited by 7 opinions
1Opinion of the Court
RELLSTAB, District Judge.
On March 23,1927, Frank C. McCown,-Jr., individually and trading as McCown & Co., was adjudged a bankrupt upon an involuntary petition, filed on February 28,1927. For a number of years prior to his insolvency, he was a stock broker and a member of the Philadelphia Stock Exchange.
More than four months before the filing of this petition, he, trading as aforesaid, deposited a number of his customers’ securities with J. S. Bache & Co., stock brokers, as collateral security for the payment of a loan which it had made to him. A member of Bache & Co. was also a member of the…
2Cases cited7 opinions
- Board of Trade of Chicago v. JohnsonSupreme Court of the United States · 1924
- Benedict v. RatnerSupreme Court of the United States · 1925
- Sparhawk v. YerkesSupreme Court of the United States · 1891
- Hyde v. WoodsSupreme Court of the United States · 1877
- Page v. EdmundsSupreme Court of the United States · 1903
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3Cited by7 opinions
- Dinkelspiel v. WeaverDistrict Court, W.D. Arkansas · 1953
- Gough v. FinaleCalifornia Court of Appeal · 1974
- Seattle Curb Exchange v. KnightCourt of Appeals for the Ninth Circuit · 1932
- In re Philadelphia Consistory Sublime Princes Royal Secret 32 Degree Ancient Accepted Scottish RiteDistrict Court, E.D. Pennsylvania · 1942
- In re Samuel Kades, Inc.District Court, M.D. Pennsylvania · 1937
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