Legal Opinion
Frank v. Atwood
Court of Appeals for the Third Circuit
Decided February 19, 1935No. 5500PublishedCited by 2 opinions
1Opinion of the Court
WOOLLEY, Circuit Judge.
William K. Frank, L, B. Foster and S. E. Bramer, personal friends and associates, embarked in speculation. They obtained funds for the purpose through a joint note discounted by The Bank of Pittsburgh, N. A. Frank and Foster put up all , the collateral. The loan was reduced from time to time until, early in 1931, the financial clouds having darkened, Frank and Foster desired to get off the joint note, which then stood at $199,942.93, and split the loan into three separate notes with individual makers, each note, of course, carrying collateral, to be supplied by each…
2Cases cited5 opinions
- Maxwell Land-Grant CaseSupreme Court of the United States · 1887
- Atlantic Delaine Co. v. JamesSupreme Court of the United States · 1877
- Lalone v. United StatesSupreme Court of the United States · 1896
- Wald v. LongacreCourt of Appeals for the Third Circuit · 1929
- Hazelwood Brewing Co. v. United StatesCourt of Appeals for the Third Circuit · 1925
3Cited by2 opinions
- Galion Iron Works & Mfg. Co. v. Beckwith MacHinery Co.Court of Appeals for the Third Circuit · 1939
- Smoley v. New Jersey Zinc Co.Court of Appeals for the Third Circuit · 1939