Legal Opinion
In Re Quaker City Sheet Metal Co.
Court of Appeals for the Third Circuit
Decided August 12, 1942No. 7893PublishedCited by 8 opinions
1Opinion of the Court
MARIS, Circuit Judge.
At the beginning of 1940, Quaker City Sheet Metal Company was in financial difficulties and unable to complete its contracts and meet its payroll for lack of working capital. Between January 19, 1940 and April 5, 1940 the Corn Exchange National Bank and Trust Company made several loans to the company. On April 12. *8951940 Edward C. Dearden, Sr. made a loan to the company. Concurrently with each loan and as collateral security for it the company assigned contracts and the accounts receivable arising from the contracts. The assignments were made in Pennsylvania, with the…
2Cases cited3 opinions
- Phillips's EstateSupreme Court of Pennsylvania · 1903
- Phillips's EstateSupreme Court of Pennsylvania · 1903
- Adams v. City Bank & Trust Co. of MacOn, Ga.Court of Appeals for the Fifth Circuit · 1940
3Cited by8 opinions
- Corn Exchange National Bank & Trust Co. v. KlauderSupreme Court of the United States · 1943
- D. K. Porter, Trustee in Bankruptcy of Abe Greenband v. Woodey B. Searle and Edlean E. SearleCourt of Appeals for the Tenth Circuit · 1955
- Brookhaven Bank & Trust Company v. D. E. GwinCourt of Appeals for the Fifth Circuit · 1958
- Durkin v. DurkinCalifornia Court of Appeal · 1955
- In Re RosenCourt of Appeals for the Third Circuit · 1946
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