Legal Opinion
In re Real Estate Mortgage Guaranty Co.
District Court, E.D. Pennsylvania
Decided June 20, 1944No. 21426PublishedCited by 4 opinions
1Opinion of the Court
KIRKPATRICK, District Judge.
In equity proceedings, brought in 1932 by a citizen of Virginia, a receiver was appointed for Real Estate Mortgage Guaranty Company, a Pennsylvania corporation engaged in the business of lending money on mortgages and selling them, with its guaranty, to the investing public, generally in the form either of bonds or of fractional certificates of participation. Some $4,000,000 of bonds and certificates were then outstanding. After about eight years of operation, the receivership terminated in bankruptcy under Bankr.Act Chapter X, 11 U.S.C.A. § SOI et seq., and a…
2Cases cited9 opinions
- Erie Railroad v. TompkinsSupreme Court of the United States · 1938
- Porter v. SabinSupreme Court of the United States · 1893
- Atlantic Trust Co. v. ChapmanSupreme Court of the United States · 1908
- Magruder v. DrurySupreme Court of the United States · 1914
- Crites, Inc. v. Prudential Ins. Co. Of AmericaSupreme Court of the United States · 1944
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3Cited by4 opinions
- In Re Philadelphia & Western Ry. Co.District Court, E.D. Pennsylvania · 1946
- In Re Automatic Equipment Mfg. Co.District Court, D. Nebraska · 1952
- In Re Calton CrescentCourt of Appeals for the Second Circuit · 1949
- Manufacturers Trust Co. v. BeckerCourt of Appeals for the Second Circuit · 1949