Legal Opinion
Schloss v. Powell
Court of Appeals for the Fourth Circuit
Decided January 4, 1938No. 4231PublishedCited by 11 opinions
1Opinion of the Court
SOPER, Circuit Judge.
When the Seaboard Air Line Railway Company went into the hands of receivers on December 23, 1930, the City Bank Farmers Trust Company in New York held a sum of money which had been sent to it for the payment, when due, of coupons on bonds issued by the railway company but never paid out because certain bondholders had failed to present their overdue coupons. The question in the case is whether this money belonged to the railway company and was payable to the receivers, or whether the deposit of the money by the railway 'company with the bank created a trust in favor of…
2Cases cited12 opinions
- In re Interborough Consol. Corp.Court of Appeals for the Second Circuit · 1923
- Western Tie & Timber Co. v. BrownSupreme Court of the United States · 1905
- McKee v. LamonSupreme Court of the United States · 1895
- Rogers Locomotive & MacHine Works v. KelleyNew York Court of Appeals · 1882
- Noyes v. . First National Bank of New YorkNew York Court of Appeals · 1918
7 more not listed; retrieve them via the Exa API.
3Cited by11 opinions
- In Re DameronCourt of Appeals for the Fourth Circuit · 1998
- Mid-Atlantic Supply, Inc. v. Three Rivers Aluminum Co.Court of Appeals for the Fourth Circuit · 1986
- In Re Mid-Atlantic Supply, Inc. of VirginiaCourt of Appeals for the Fourth Circuit · 1986
- Creel v. Birmingham Trust National BankDistrict Court, N.D. Alabama · 1974
- Holmes Environmental, Inc. v. Suntrust Banks, Inc. (In Re Holmes Environmental, Inc.)United States Bankruptcy Court, E.D. Virginia · 2002
6 more not listed; retrieve them via the Exa API.