Justin v. People's Nat. Bank
Court of Appeals for the Second Circuit
Petition to Revise and Appeal from Order of the District Court of the United States for the Northern District of New York. In the matter of the Progressive Wall Paper Corporation, bankrupt. A petition by Fred H. Justin, trustee, for an order requiring the People’s National Bank of Hudson Falls to turn over certain bonds-to him and to have such bonds adjudged invalid was denied, and the trustee appeals and files a petition to revise.
1Opinion of the Court
ROGERS, Circuit Judge.
The trustee of the bankrupt filed his petition, in which he alleged that the People’s National Bank of Hudson Falls, N. Y., is a secured creditor of the bankrupt, holding a note for $5,000 made by the latter, dated September 13, 1914, and secured by a deposit of five bonds made by the bankrupt for $1,000 each; the bonds being secured by a mortgage upon all the real property of the bankrupt. He asks for a decree adjudging that the bonds are invalid, that they were transferred to the bank by the bankrupt, that they are not liens upon the real property of the bankrupt, and…
2Cases cited2 opinions
- In re Progressive Wall Paper Corp.Court of Appeals for the Second Circuit · 1916
- First Savings & Trust Co. v. Waukesha Canning Co.Court of Appeals for the Seventh Circuit · 1914
3Cited by1 opinion
- Westinghouse Electric & Mfg. Co. v. Brooklyn Rapid Transit Co.District Court, S.D. New York · 1923