St. Louis Brewing Ass'n v. Austin
Supreme Court of Alabama
Appeal from the Chancery Court of Colbert. Heard before the Hon. Thomas Cobbs. The First National Bank of Sheffield, Alabama, organized under the national banking laws of the United States, began doing business at Sheffield, Ala., in the month of January, 1887, and continued in such business until November 29th, 1889, when, being insolvent, it closed its doors and suspended business.
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Appeal from the Chancery Court of Colbert. Heard before the Hon. Thomas Cobbs. The First National Bank of Sheffield, Alabama, organized under the national banking laws of the United States, began doing business at Sheffield, Ala., in the month of January, 1887, and continued in such business until November 29th, 1889, when, being insolvent, it closed its doors and suspended business. It was taken charge of by the officials of the Government, and its assets placed by the Comptroller of the Currency in the hands of a receiver, who is the defendant to the bills of complaint in the above stated…
1Opinion of the CourtMcCLELLAN, J.
These cases involve substantially the same questions and were submitted together. The bill in each of them seeks to have a trust declared in favor of the complainants upon the assets of the suspended First Na-. tional Bank of Sheffield which are now in the hands of and being administered by the respondent, as receiver of said bank by the appointment of the comptroller <of the treasury. *321Tlie facts in the Brewing Company’s case are or may be conceded to be the following: During the month of November, 1889, said bank in various ways represented itself for the purpose of inducing collections and…
2Cases cited6 opinions
- Peters v. BainSupreme Court of the United States · 1890
- Maury's Adm'r v. Mason's Adm'rSupreme Court of Alabama · 1838
- McCall v. RogersSupreme Court of Alabama · 1884
- Parker v. Jones' Adm'rSupreme Court of Alabama · 1880
- Goldsmith v. StetsonSupreme Court of Alabama · 1857
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3Cited by12 opinions
- Empire State Surety Co. v. Carroll CountyCourt of Appeals for the Eighth Circuit · 1912
- Oppenheim v. City of FlorenceSupreme Court of Alabama · 1934
- Richardson v. New Orleans Debenture Redemption Co.Court of Appeals for the Fifth Circuit · 1900
- Bank of Florence v. United States Savings & Loan Co.Supreme Court of Alabama · 1893
- Hanover Nat. Bank of New York v. ThomasSupreme Court of Alabama · 1928
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