Legal Opinion
Lamborn v. Cleveland Trust Co.
Court of Appeals for the Sixth Circuit
Decided November 12, 1928No. 4798PublishedCited by 4 opinions
1Opinion of the Court
MOORMAN, Circuit Judge.
Writ of error to a judgment for defendant in an action on a letter of credit. The letter was issued May 21, 1920, to Lambom & Co., plaintiff below, by the Lake Shore Banking & Trust Company, predecessor of the Cleveland Trust Company, of Cleveland, defendant below. It reads:
“We hereby authorize you to value on the Royal Bank of Canada, New York City, for account of The Ohio Confection Company, Cleveland, Ohio, up to an aggregate amount of Twenty-six thousand five hundred sixty-one and ninety-two cents available by your drafts at sight against Bills of Lading for 550…
2Cases cited4 opinions
- Railway Co. v. McCarthySupreme Court of the United States · 1878
- Second Nat. Bank of Allegheny v. Lash Corp.Court of Appeals for the Third Circuit · 1924
- Grimwood v. Munson S. S. LineCourt of Appeals for the Second Circuit · 1921
- International Banking Corp. v. Irving Nat. BankDistrict Court, S.D. New York · 1921
3Cited by4 opinions
- Chase Manhattan Bank v. EquibankCourt of Appeals for the Third Circuit · 1977
- Far Eastern Textile, Ltd. v. City National Bank & Trust Co.District Court, S.D. Ohio · 1977
- Chase Manhattan Bank v. EquibankCourt of Appeals for the Third Circuit · 1977
- Cleveland Trust Co. v. LambornCourt of Appeals for the Sixth Circuit · 1930