Legal Opinion

McClelland v. Merchants & Miners National Bank

Supreme Court of Colorado

Decided May 4, 1925No. Nos. 10,887, 10,888, 10,889, 10,890PublishedCited by 6 opinions

1Opinion of the CourtJustice Whitford

In 1918 the Merchants and Miners National Bank of Idaho Springs went into voluntary liquidation in the manner provided by the laws of the United States. The plaintiff in error, George E. McClelland, and members of his family, owned a majority of the 500 shares of the capital stock of the bank, 242 shares of which stood in his name on the books of the bank at the time it ceased to do business. McClelland was its president and principal stockholder. The First National Bank of Idaho Springs assumed the obligations of the Merchants and Miners National Bank, took over §130,000 of its deposits and…

2Cases cited4 opinions

  1. Grout v. First National BankSupreme Court of Colorado · 1910
  2. Richards v. Attleborough National BankMassachusetts Supreme Judicial Court · 1889
  3. Bath Savings Institution v. Sagadahoc National BankSupreme Judicial Court of Maine · 1897
  4. Muir v. Citizens National BankWashington Supreme Court · 1905

3Cited by6 opinions

  1. Federal Deposit Insurance Corp. v. American Casualty Co. of ReadingSupreme Court of Colorado · 1993
  2. George N. Sparling Coal Co. v. Colorado Pulp & Paper Co.Supreme Court of Colorado · 1931
  3. Cooper v. Fidelity Trust Co.Supreme Judicial Court of Maine · 1934
  4. Federal Deposit Insurance Corp. v. American Casualty Co. of ReadingSupreme Court of Colorado · 1993
  5. Rockwood v. Foshay Trust & Savings BankSupreme Court of Minnesota · 1935

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