Drennen v. Southern States Fire Ins.
Court of Appeals for the Fifth Circuit
Appeal from the District Court of the United States for the North-j ern District of Alabama; William I. Grubb, Judge. Suit in equity by Felix M. Drennen, receiver of the American Mortgage & Loan Company, against the Southern States Fire Insurance Company and others. Decree for defendants, and complainant appeals.
1Opinion of the Court
BATTS, Circuit Judge.
The plaintiff, Drenncn, as receiver of the American Mortgage & Loan Company, brings suit against the Southern States First Insurance Company, Sibley P. King, Sumter Cogswell, McLane Tilton, Eugene F. Enslen, J. G. Cooke, D. E. Manasco, and R. B. Watts. The allegations of the complaint are substantially to the effect following:
The Southern States Fire Insurance Company ceased active business in December, IMS. Defendants King and Watts were directors of both the American Mortgage & Loan Company (hereafter called the American Company) and ihe Southern States Fire Insurance…
2Cited by10 opinions
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- Jones v. EllisSupreme Court of Alabama · 1989
- Philadelphia Storage Battery Co. v. Kelley-How-Thomson Co.Court of Appeals for the Eighth Circuit · 1933
- Bliss Petroleum Co. v. McNallyMichigan Supreme Court · 1931
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