Legal Opinion

Kullman & Co. v. Woolley

Court of Appeals for the Fifth Circuit

Decided April 18, 1936No. 7986PublishedCited by 16 opinions

1Opinion of the Court

SIBLEY, Circuit Judge.

This appeal questions whether certain payments made to a general depositor by a national bank while on a “restricted basis” during the “banking holidays” of March, 1933, are void as preferences under 12 U.S.C.A. § 91. The receiver of the Britton & Koontz National Bank of Natchez, Miss., has obtained a decree for the recovery of such payments from its depositor, Kullman & Co., a corporation, and the latter appeals.

The main facts are undisputed. The bank in November, 1932, had been required by the Comptroller to obtain $100,-000 of new capital. On March 2, 1933, its…

2Cases cited15 opinions

  1. Toof v. MartinSupreme Court of the United States · 1871
  2. Dutcher v. WrightSupreme Court of the United States · 1877
  3. Wager v. HallSupreme Court of the United States · 1873
  4. Buchanan v. SmithSupreme Court of the United States · 1873
  5. McDonald v. Chemical National BankSupreme Court of the United States · 1899

10 more not listed; retrieve them via the Exa API.

3Cited by16 opinions

  1. Michelsen v. PenneyCourt of Appeals for the Second Circuit · 1943
  2. BANK ONE, TX, NA v. Prudential Ins. Co. of Amer.District Court, N.D. Texas · 1995
  3. Hoehn v. CrewsCourt of Appeals for the Tenth Circuit · 1944
  4. City of Grand Rapids, Mich. v. McCurdyCourt of Appeals for the Sixth Circuit · 1943
  5. Bank One, Texas, N.A. v. Federal Deposit InsuranceDistrict Court, N.D. Texas · 1998

11 more not listed; retrieve them via the Exa API.

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