Sherry v. Union Gas Utilities, Inc.
Court of Chancery of Delaware
1Opinion of the Court
The Chancellor:
The question presented by this petition is whether the receivers are entitled to" have the balances in question turned over to them to be adminis*63tered as a part of the general assets of the estate, or whether the Trust Company is entitled to hold them in trust for the payment of coupons not yet presented and to meet which the moneys were originally placed in the hands of the trustee.
That money for the payment of coupons may be so deposited as to show them to be subject to a trust for that purpose can' hardly be controverted. Rogers Locomotive & Machine Works v. Kelley, et al.,…
2Cases cited10 opinions
- In re Interborough Consol. Corp.Court of Appeals for the Second Circuit · 1923
- Rogers Locomotive & MacHine Works v. KelleyNew York Court of Appeals · 1882
- Noyes v. . First National Bank of New YorkNew York Court of Appeals · 1918
- Staten Island Cricket & Baseball Club v. Farmers' Loan & Trust Co.Appellate Division of the Supreme Court of the State of New York · 1899
- Noyes v. First National Bank of New YorkAppellate Division of the Supreme Court of the State of New York · 1917
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3Cited by5 opinions
- Anadarko Petroleum Corp. v. Panhandle Eastern Corp.Supreme Court of Delaware · 1988
- Gregg v. U.S. Industries, Inc.Court of Appeals for the Eleventh Circuit · 1983
- Driscoll v. Empire Trust Co.Court of Appeals for the Second Circuit · 1943
- Anadarko Petroleum Corp. v. Panhandle Eastern Corp.Supreme Court of Delaware · 1988
- F. Browne Gregg, Cross-Appellant v. U.S. Industries, Inc., a Delaware Corporation, Cross- F. Browne Gregg, Cross-Appellee v. U.S. Industries, Inc., a Delaware Corporation, CrossCourt of Appeals for the Eleventh Circuit · 1983