Lippitt v. Thames Loan & Trust Co.
Supreme Court of Connecticut
Application by a receiver of the defendant company for advice in the discharge of his official duties,! and especially as to the validity of claims of set-off made by certain debtors who were also depositors in one or more of the banking departments conducted by the defendant company, brought to and reserved by the Superior Court in New London County, Greene, J., upon an agreed finding of facts, for the consideration and advice of this court.
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Application by a receiver of the defendant company for advice in the discharge of his official duties,! and especially as to the validity of claims of set-off made by certain debtors who were also depositors in one or more of the banking departments conducted by the defendant company, brought to and reserved by the Superior Court in New London County, Greene, J., upon an agreed finding of facts, for the consideration and advice of this court. On April 16th, 1913, the Hon. William H. Williams, a judge of the Superior Court, made an order pursuant to General Statutes, § 3480, restraining the…
1Opinion of the CourtWheeler, J.
The application of the receiver, joined in by a number of the parties in interest, asks the advice of the court upon many questions arising in the course of the receivership. Those which we will discuss first concern the relation of the Thames Company to its various classes of depositors, and the relation of these classes of depositors to each other. Among the questions upon which our advice is sought are these: Are the savings department depositors entitled to be paid out of the assets “set aside for savings depositors,” and, if these prove insufficient, are they entitled, as to the balance,…
2Cases cited22 opinions
- Scott v. ArmstrongSupreme Court of the United States · 1892
- Richmond v. IronsSupreme Court of the United States · 1887
- Thomas v. Western Car Co.Supreme Court of the United States · 1893
- Commercial Bank of Pa. v. ArmstrongSupreme Court of the United States · 1893
- White v. KnoxSupreme Court of the United States · 1884
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- Bassett v. City Bank & Trust Co.Supreme Court of Connecticut · 1932
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- Bachrach v. Commissioner of BanksMassachusetts Supreme Judicial Court · 1921
- Bassett v. City Bank & Trust Co.Supreme Court of Connecticut · 1932
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