Legal Opinion
Levering v. Indemnity Ins. Co. of North America
Court of Appeals for the Ninth Circuit
Decided May 8, 1931No. 6199PublishedCited by 3 opinions
1Opinion of the Court
WILBUR, Circuit Judge.
This action is brought upon an indemnity bond given January 26,1924, on behalf of the sellers to the purchaser, the appellant, in connection with a sale and as an inducement to the purchase of a majority of the shares (679) of the National Bank of Bakersfield, at $140 per share. Judgment was rendered for the defendants, and the plaintiff appeals. The case was tried by the court without a jury in pursuance of a stipulation in writing, and written findings of fact were made by the court. It appears from the written agreements made at the time of the sale that the primary…
2Cases cited12 opinions
- Barreda v. SilsbeeSupreme Court of the United States · 1859
- Sigua Iron Co. v. GreeneCourt of Appeals for the Second Circuit · 1898
- Allen v. RulandSupreme Court of Connecticut · 1906
- Savings Bank v. AsburyCalifornia Supreme Court · 1897
- Commercial Germania Trust & Savings Bank v. WhiteSupreme Court of Louisiana · 1919
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3Cited by3 opinions
- Indemnity Ins. Co. of North America v. LeveringCourt of Appeals for the Ninth Circuit · 1932
- Commissioner v. Berkeley Hall School, Inc.Court of Appeals for the Ninth Circuit · 1936
- Grullon v. The Administration for Children's ServicesDistrict Court, S.D. New York · 2021