Legal Opinion

First Nat. Bank & Trust Co., Etc. v. Oil Screw, Etc.

District Court, W.D. Michigan

Decided November 14, 1973No. M-17-73 C.APublishedCited by 7 opinions

1Opinion of the Court

OPINION AND ORDER

FOX, Chief Judge.

On April 30, 1971 defendant Escanaba Towing Company (hereinafter, the Company) executed and delivered to plaintiff First National Bank and Trust Company of Escanaba (hereinafter, the Bank) a preferred fleet mortgage covering the defendant vessels “Olive L. Moore” and “Wiltranco I,” owned by the Company. The mortgage secured loans from the Bank to the Company evidenced by a promissory note in the amount of $243,000, executed on or about the same date. On June 6, 1972 this note was replaced by a second promissory note in the amount of $241,359.81 secured by the…

2Cases cited20 opinions

  1. Detroit Trust Co. v. the Thomas BarlumSupreme Court of the United States · 1934
  2. The ShowboatDistrict Court, D. Massachusetts · 1930
  3. The FrolicDistrict Court, D. Rhode Island · 1906
  4. Learned v. BrownCourt of Appeals for the Fifth Circuit · 1899
  5. Port Welcome Cruises, Inc. v. S. S. Bay BelleDistrict Court, D. Maryland · 1963

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

3Cited by7 opinions

  1. Governor & Co. of the Bank of Scotland v. SabayCourt of Appeals for the Fifth Circuit · 2000
  2. The Bank of New Orleans and Trust Company, and Stapp Bros. Towing, Inc., Intervenor-Appellee v. Marine Credit Corporation, Intervenor-AppellantCourt of Appeals for the Eighth Circuit · 1978
  3. Nilo Barge Line, Inc. v. The M/V Bayou DuLargeCourt of Appeals for the Eighth Circuit · 1978
  4. Governor & Co. of the Bank of Scotland v. SabayCourt of Appeals for the Fifth Circuit · 2000
  5. Nilo Barge Line, Inc. v. BayouCourt of Appeals for the Eighth Circuit · 1978

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

Showing a preview — retrieve the full document via the Exa API.

Powered by the Exa API