Legal Opinion

American & British Securities Co. v. American & British Mfg. Corp.

District Court, S.D. New York

Decided July 30, 1921PublishedCited by 8 opinions

In Equity. Suit by the American & British Securities Company against the American & British Manufacturing Corporation. On motion.

1Opinion of the Court

LEARNED HAND. District Judge.

This motion comes up upon rule nisi and petition to which an opposing affidavit has been filed. From these papers and the other papers on file it appears that this is a sequestration suit in which a simple creditor has with the defendant’s consent obtained the appointment of a receiver, alleging that the affairs of the corporation are involved, and that executions and attachments will waste the assets unless the court takes them *122over to conserve them. The petition alleges that a third party, a corporation, signed and delivered a note to the defendant which the…

2Cases cited3 opinions

  1. Re Metropolitan Railway ReceivershipSupreme Court of the United States · 1908
  2. Skilton v. . CodingtonNew York Court of Appeals · 1906
  3. Kitchen v. . LoweryNew York Court of Appeals · 1891

3Cited by8 opinions

  1. In re A. E. Fountain, Inc.Court of Appeals for the Second Circuit · 1922
  2. Quinn v. Bancroft-Jones CorporationCourt of Appeals for the Second Circuit · 1927
  3. Luhrig Collieries Co. v. Interstate Coal & Dock Co.District Court, S.D. New York · 1922
  4. Braun v. American Laundry MacH. Co.District Court, S.D. New York · 1932
  5. Cornelius v. C. C. Pictures, Inc.Court of Appeals for the Second Circuit · 1924

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