Legal Opinion

McGraw v. Union Trust Co.

Michigan Supreme Court

Decided February 16, 1904No. Docket Nos. 56, 57PublishedCited by 15 opinions

Appeals from Wayne; Donovan, J. Petitions by Homer McGraw and Hoyt Post, as executors and trustees of the last will and testament of Thomas McGraw, deceased, against the Union Trust Company, as receiver of the City Savings Bank of Detroit, for the. allowance of certain claims against the insolvent’s estate. From decrees disallowing the claims, petitioners appeal.

1Opinion of the CourtMoore, C. J.

The petitioners have two claims against *610the respondent growing out of tbe same transaction, which may be considered together. The following statement of facts is necessary to an understanding of the questions involved :

The City Savings Bank failed on February 10, 1902. It occupied banking quarters in a building known as the “McGraw Building.” Its lease provided for a term of five years from May 1, 1899, at a yearly rental of $3,000, payable in monthly installments of $250, due at the end of each month. The Union Trust Company, as its receiver, continued to occupy the banking office until…

2Cases cited8 opinions

  1. People v. . St. Nicholas BankNew York Court of Appeals · 1897
  2. People v. . National Trust Company, Etc.New York Court of Appeals · 1880
  3. Thompson v. Union Trust Co.Michigan Supreme Court · 1902
  4. Reading Iron WorksSupreme Court of Pennsylvania · 1892
  5. Chemical National Bank v. Hartford Deposit Co.Illinois Supreme Court · 1895

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3Cited by15 opinions

  1. In re Mullings Clothing Co.Court of Appeals for the Second Circuit · 1916
  2. United States Fidelity & Guaranty Co. v. Centropolis Bank of Kansas City, Mo.Court of Appeals for the Eighth Circuit · 1927
  3. Dinan v. First Nat. Bank of DetroitCourt of Appeals for the Sixth Circuit · 1941
  4. People Ex Rel. Nelson v. West Town State BankIllinois Supreme Court · 1940
  5. Pacific States Corp. v. RosenshineCalifornia Court of Appeal · 1931

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