Legal Opinion
In re Morris Bros.
District Court, D. Oregon
Decided July 3, 1922No. B-5653PublishedCited by 9 opinions
1Opinion of the CourtWorverton, District Judge
(after stating the facts as above). Two questions are presented for consideration: First, whether petitioner’s claim is to be preferred above those of the general creditors; and, second, whether his claim is to be regarded in the light of that of a general creditor, and is entitled to share equally with such creditors in the distribution of the assets of the estate.
The proceeds of the bonds, which were the consideration petitioner paid for the preferred stock, as Bosworth, the accountant, testified, went into the general funds of the corporation, and were used by it in the general operation…
2Cases cited6 opinions
- Schuyler v. LittlefieldSupreme Court of the United States · 1914
- Newton Nat. Bank v. NewbeginCourt of Appeals for the Eighth Circuit · 1896
- Spokane County v. First Nat. Bank of SpokaneCourt of Appeals for the Ninth Circuit · 1895
- Lantry v. WallaceCourt of Appeals for the Eighth Circuit · 1899
- In re SeeCourt of Appeals for the Second Circuit · 1913
1 more not listed; retrieve them via the Exa API.
3Cited by9 opinions
- In re Marcella Cotton MillsDistrict Court, M.D. Alabama · 1925
- Marshall v. RoettingerCourt of Appeals for the Sixth Circuit · 1923
- Madsen v. SmithCourt of Appeals for the Seventh Circuit · 1923
- In re William C. Jones Co.District Court, D. Massachusetts · 1923
- In re Groenleer-Vance Furniture Co.District Court, W.D. Michigan · 1938
4 more not listed; retrieve them via the Exa API.