Legal Opinion
Bank of America Nat. Trust & Sav. Ass'n v. Erickson
Court of Appeals for the Ninth Circuit
Decided February 14, 1941No. 9587PublishedCited by 15 opinions
1Opinion of the Court
HEALY, Circuit Judge.
The appeal is from an order in bankruptcy subordinating claims presented by appellant to those of all other creditors of the-bankrupt.
The bankrupt corporation was engaged in the business of drilling for petroleum. McComb and Hickerson were two of its in-corporators, the third being Hitt. Of a total of some 297,000 shares outstanding McComb owned 72,800 shares, Hickerson 51,666 shares individually or as joint tenant with his wife, and Hitt, 3,350 shares. Mc-Comb was president, Hickerson vice-president of the company.
The corporation incurred heavy indebtedness in drilling…
2Cases cited6 opinions
- Bird & Sons Sales Corporation v. TobinCourt of Appeals for the Eighth Circuit · 1935
- In Re Aktiebolaget Kreuger & TollCourt of Appeals for the Second Circuit · 1938
- Searle v. Mechanics' Loan & Trust Co.Court of Appeals for the Ninth Circuit · 1918
- In Re Geo. P. Schinzel & Son, Inc.District Court, S.D. New York · 1926
- In Re Railroad Supply Co.Court of Appeals for the Seventh Circuit · 1935
1 more not listed; retrieve them via the Exa API.
3Cited by15 opinions
- Sumitomo Trust & Banking Co. v. Holly's, Inc. (In Re Holly's, Inc.)United States Bankruptcy Court, W.D. Michigan · 1992
- John Costello, Trustee in Bankruptcy of Leonard Plumbing and Heating J. A. Fazio and Lawrence C. Ambrose v. J. A. Fazio and Lawrence C. AmbroseCourt of Appeals for the Ninth Circuit · 1958
- Home Indemnity Co. v. F. H. Donovan Painting Co.Court of Appeals for the Eighth Circuit · 1963
- In Re Harvest Milling CompanyDistrict Court, D. Oregon · 1963
- In Re King Resources CompanyDistrict Court, D. Colorado · 1974
10 more not listed; retrieve them via the Exa API.