Legal Opinion

General Baking Co. v. Harr

Supreme Court of the United States

Decided March 29, 1937No. 559PublishedCited by 16 opinions

1Opinion of the CourtJustice McReynolds

Acting under Pennsylvania statutes, October 5, 1931, William D. Gordon, Secretary of Banking, (respondent Harr is his successor) closed the Franklin Trust Company, a banking institution in Philadelphia, and took control of its business and assets.

Thereafter in the United States District Court, Eastern District of Pennsylvania, petitioner, a New York corpora tion, presented a bill against Gordon, setting up an agreement by which it undertook to keep on deposit with the Trust Company a sum specified, and the latter undertook either directly or through correspondent banks to accept deposits of…

2Cases cited1 opinion

  1. Commonwealth Trust Co. of Pittsburgh v. BradfordSupreme Court of the United States · 1936

3Cited by16 opinions

  1. United States v. KleinSupreme Court of the United States · 1938
  2. Law Enforcement Insurance Company, Ltd. v. James P. CorcoranCourt of Appeals for the Second Circuit · 1986
  3. Hyde Construction Company, Inc. v. Koehring CompanyCourt of Appeals for the Tenth Circuit · 1968
  4. Fischer v. American United Life InsuranceSupreme Court of the United States · 1942
  5. Thompson v. FitzgeraldSupreme Court of Pennsylvania · 1938

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