Legal Opinion

Federal Savings and Loan Insurance Corporation v. American National Bank and Trust Company of Chicago

Court of Appeals for the Seventh Circuit

Decided March 7, 1968No. 15963PublishedCited by 6 opinions

1Opinion of the Court

CASTLE, Circuit Judge.

Federal Savings and Loan Insurance Corporation, plaintiff-appellant, brought suit in the District Court to recover $305,175.00, with interest thereon from July 19, 1963, to date of judgment, from the defendant-appellee, American National Bank and Trust Company of Chicago. The $305,175.00 principal sum sought to be recovered represents the amount paid by Beverly Savings and Loan Association on July 19, 1963, to the Bank 1 for a note of Howard B. Quinn and his wife. The note, then in default, was secured by a pledge of permanent reserve stock of Beverly owned by the…

Also in this document: Concurrence.

2Cases cited21 opinions

  1. D'Oench, Duhme & Co. v. Federal Deposit InsuranceSupreme Court of the United States · 1942
  2. Friederichsen v. RenardSupreme Court of the United States · 1918
  3. First Nat. Bank of Charlotte v. National Exchange Bank of BaltimoreSupreme Court of the United States · 1876
  4. People Ex Rel. Nelson v. Wiersema State BankIllinois Supreme Court · 1935
  5. Knass v. Madison & Kedzie State BankIllinois Supreme Court · 1933

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3Cited by6 opinions

  1. Quinn v. CommissionerUnited States Tax Court · 1974
  2. Peter M. Roberts, Cross-Appellee v. Sears, Roebuck and Company, a Corporation, Cross-AppellantCourt of Appeals for the Seventh Circuit · 1978
  3. Federal Savings and Loan Insurance Corporation v. Jeseph Geisen, Allan Douglass, Raleigh Steuber and Lewis Waxman, Joseph Geisen Prosecutes Appeal No. 15967 Allan Douglass, Appeal No. 15964 Raleigh Steuber, Appeal No. 15965 and Lewis Waxman, Appeal No. 15966. Federal Savings and Loan Insurance Corporation, and Cross-Appellant v. Joseph Geisen, Allan Douglass, Raleigh Steuber and Lewis Waxman, and Cross-AppelleesCourt of Appeals for the Seventh Circuit · 1968
  4. Guaranty Federal Savings & Loan Ass'n v. American National Bank & Trust Co. of ChicagoAppellate Court of Illinois · 1987
  5. Federal Savings & Loan Insurance v. GeisenCourt of Appeals for the Seventh Circuit · 1968

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