Wagner v. Central Banking & Security Co.
Court of Appeals for the Fourth Circuit
Cross-Appeals from the District''Court of the United States for the Northern District of West Virginia, at Parkersburg; Alston G. Dayton, Judge. Suit in equity by the Central Banking & Security Company against P. E. Wagner, receiver of the First National Bank of Sutton, W. Va., and another. From the decree, all parties appeal.
1Opinion of the Court
WOODS, Circuit Judge.
On January 15, 1914, a contract was made between the Farmers’ Bank & Trust Company of Sutton, W. Va., and the First. National Bank of Sutton, which was intended as a transfer of the business and the commercial assets of the Farmers’ Bank to the First National Bank. By the contract the Farmers’ Bank turned over to the First National Bank cash, notes, and other assets to the amount of $198,506.31. The First National Bank assumed liability for the Farmers’ Bank’s deposits, balances, and notes due to other banks to the amount of $203,970.02. For the difference, $5,463.71,…
2Cases cited10 opinions
- New York County National Bank v. MasseySupreme Court of the United States · 1904
- People's Bank v. National BankSupreme Court of the United States · 1880
- Western National Bank v. ArmstrongSupreme Court of the United States · 1894
- West St. Louis Savings Bank v. Shawnee County BankSupreme Court of the United States · 1877
- Rankin v. City Nat. Bank of Kansas CitySupreme Court of the United States · 1908
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3Cited by5 opinions
- Ozanic v. United StatesCourt of Appeals for the Second Circuit · 1951
- Drovers' & Mechanics' Nat. Bank of Baltimore v. First Nat. Bank of SuttonCourt of Appeals for the Fourth Circuit · 1919
- Gamble v. BrownCourt of Appeals for the Fourth Circuit · 1928
- Farmers' & Miners' Bank v. Bluefield Nat. BankCourt of Appeals for the Fourth Circuit · 1926
- Andresen v. ThompsonDistrict Court, D. Minnesota · 1932