Legal Opinion

In re A. O. Brown & Co.

Court of Appeals for the Second Circuit

Decided January 8, 1912No. 162PublishedCited by 2 opinions

Appeal from the District Court of the United States for the Southern District of New York. In the matter of bankruptcy of A. O. Brown & Company. On petition to revise an order directing Charles E. Littlefield as trustee in bankruptcy, etc., to pay $9,600 to a firm doing business under the name of Schuyler & Company out of funds and credits of the bankrupts which came into the hands of their receiver.

1Opinion of the Court

LACOMBE, Circuit Judge.

The transactions upon which it is sought to establish a lien in favor of Schuyler & Co. are many of them set forth in our opinion in Re Brown & Co., petition of Princeton Bank (filed herewith) 193 Fed. 24. Reference may be had to that opinion, as we shall not restate them all here.

On August 24, 1905, Brown & Co. asked Schuyler & Co. to loan them 300 shares of Interborough Railway stock, apparently to enable them to make deliveries, and agreed to secure the latter by paying the market price $9,600 for the same. They gave a check for the $9,600 on the Hanover Bank which…

2Cases cited1 opinion

  1. In re BrownCourt of Appeals for the Second Circuit · 1912

3Cited by2 opinions

  1. In re BrownCourt of Appeals for the Second Circuit · 1912
  2. In re LoughranDistrict Court, M.D. Pennsylvania · 1914

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