Livermore Falls Trust & Banking Co. v. Richmond Manufacturing Co.
Supreme Judicial Court of Maine
On report. The three first named cases were actions at law on certain promissory notes, while the last named case was a bill in equity brought by the sureties on the notes sued in the actions at law, against the plaintiff in the actions at law and the Richmond Manufacturing Company, praying for an injunction against the suits on the notes and for an accounting by the plaintiff in the actions at law, which had taken possession of certain personal property under and by virtue…
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On report. The three first named cases were actions at law on certain promissory notes, while the last named case was a bill in equity brought by the sureties on the notes sued in the actions at law, against the plaintiff in the actions at law and the Richmond Manufacturing Company, praying for an injunction against the suits on the notes and for an accounting by the plaintiff in the actions at law, which had taken possession of certain personal property under and by virtue of certain chattel mortgages given to it by the Richmond Manufacturing Company, and instituted foreclosure proceedings…
1Opinion of the CourtEmery, C. J.
From the evidence we find certain material facts to be as hereinafter stated :—
May 5, 1909, the Livermore Falls Trust and Banking Company (hereinafter called the bank) held various promissory notes of the Richmond Manufacturing Company (a corporation engaged in the manufacture of wood novelties and hereinafter called the company) as follows:—
A group of five notes aggregating $25000 dated Feby. 1, 1905 secured by a chattel mortgage, in the usual form, of all its tangible personal property, mills, machinery, tools, unmanufactured stock, manufactured goods, etc., etc. ; a group of nine notes…
2Cases cited3 opinions
- Stamford Bank v. BenedictSupreme Court of Connecticut · 1843
- Carson v. CarsonCourt of Appeals of Kentucky · 1858
- McKie v. GregoryMassachusetts Supreme Judicial Court · 1900
3Cited by8 opinions
- Consolidated Naval Stores Co. v. WilsonSupreme Court of Florida · 1921
- Prudential Insurance Co. of America v. A. Enkema Holding Co.Supreme Court of Minnesota · 1936
- In Re Dosker's EstateMichigan Supreme Court · 1938
- Mid-Continent Supply Co., a Corporation v. Atkins & Potter Drilling Corp., a Corporation T. E. Atkins and W. L. PotterCourt of Appeals for the Tenth Circuit · 1956
- Miller v. HirschmannCourt of Appeals of Maryland · 1936
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