Legal Opinion
Brown v. United States
Court of Appeals for the Third Circuit
Decided March 2, 1938No. 6548PublishedCited by 13 opinions
1Opinion of the Court
DICKINSON, District Judge%
The plaintiff-appellant made an investment in a mortgage of one John J. Dougherty, secured upon premises known as the “Four Corners Property.” The mortgage was for $100,000, and was assigned to the appellant by a trust company for a consideration of about $98,000. Incidentally the assignor guaranteed the mortgage principal and interest. The mortgagor failed and died hopelessly insolvent, and the trust company guarantor also became insolvent. On default the mortgage was foreclosed and the mortgaged premises bought in by the mortgagee for the nominal sum of $50 — a sum…
2Cases cited4 opinions
- New Colonial Ice Co. v. HelveringSupreme Court of the United States · 1934
- Shiman v. Commissioner of Internal RevenueCourt of Appeals for the Second Circuit · 1932
- O. S. Stapley Co. v. CommissionerUnited States Board of Tax Appeals · 1928
- Pate v. CommissionerUnited States Board of Tax Appeals · 1928
3Cited by13 opinions
- Kuhn v. Princess Lida of Thurn & TaxisCourt of Appeals for the Third Circuit · 1941
- WF Young, Inc. v. Commissioner of Internal RevenueCourt of Appeals for the First Circuit · 1941
- Herder v. HelveringCourt of Appeals for the D.C. Circuit · 1939
- Zebrowski v. Wells Fargo Bank, N.A.District Court, D. New Jersey · 2009
- Commissioner v. West Production Co.Court of Appeals for the Fifth Circuit · 1941
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