Legal Opinion
Bank of America Nat. Trust & Savings Ass'n v. Liberty Nat. Bank & Trust Co.
District Court, W.D. Oklahoma
Decided October 17, 1953No. Civ. 5181PublishedCited by 9 opinions
1Opinion of the Court
WALLACE, District Judge.
The plaintiff, Bank of America, brings this action to recover a money judgment over against the defendant, the Liberty National Bank 1 2 of Oklahoma City, for a pecuniary loss allegedly sustained by plaintiff in transactions centering around a commercial letter of credit issued by Liberty to the plaintiff.
The original letter of credit was issued by Liberty to Bank of America at the request of Liberty’s customer, Anderson-Prichard Oil Corporation; this customer wished to purchase quantities of oil well casing and tubing located in Europe through a United States…
2Cases cited22 opinions
- Moss v. Old Colony Trust Co.Massachusetts Supreme Judicial Court · 1923
- Second Nat. Bank v. Columbia Trust Co.Court of Appeals for the Third Circuit · 1923
- Frederick Raff Co. v. MurphySupreme Court of Connecticut · 1929
- Island Petroleum Co. v. Commissioner of Internal Rev.Court of Appeals for the Fourth Circuit · 1932
- The Isla de PanayCourt of Appeals for the Second Circuit · 1923
17 more not listed; retrieve them via the Exa API.
3Cited by9 opinions
- First State Bank v. Diamond Plastics Corp.Supreme Court of Oklahoma · 1995
- Liberty National Bank & Trust Co. v. Bank of America National Trust & Savings Ass'nCourt of Appeals for the Tenth Circuit · 1955
- Consolidated Aluminum Corp. v. Bank of VirginiaDistrict Court, D. Maryland · 1982
- Savage v. First Nat. Bank & Trust Co. of TulsaDistrict Court, N.D. Oklahoma · 1976
- Liberty National Bank & Trust Company, a National Banking Association v. Bank of America National Trust & Savings Association, a National Banking Association, Bank of America National Trust & Savings Association, a National Banking Association, Cross-Appellant v. Liberty National Bank & Trust Company, a National Banking Association, Cross-AppelleeCourt of Appeals for the Tenth Circuit · 1955
4 more not listed; retrieve them via the Exa API.