Legal Opinion

Trainor Co. v. Aetna Casualty & Surety Co.

Supreme Court of the United States

Decided November 6, 1933No. 13PublishedCited by 51 opinions

1Opinion of the CourtJustice Sutherland

On October Í3,1927, petitioner conveyed to a building company a tract of real estate consisting of fifty-two lots, with the result that the building company became indebted to petitioner in the sum of $28,000, being part of' the purchase price. The building company, in order to finance its operations, borrowed sums of money from two different corporations, to one of which it gave a first mortgage upon the real estate, and to the other a second mortgage. The building company then gave to petitioner its note for $28,000, and assigned as collateral security there for its equity in the second…

2Cases cited8 opinions

  1. Messenger v. AndersonSupreme Court of the United States · 1912
  2. Burgess v. SeligmanSupreme Court of the United States · 1883
  3. Wicker v. HoppockSupreme Court of the United States · 1867
  4. Kidd v. . McCormickNew York Court of Appeals · 1881
  5. Purdy v. MasseySupreme Court of Pennsylvania · 1931

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3Cited by51 opinions

  1. Ruhlin v. New York Life InsuranceSupreme Court of the United States · 1938
  2. Glendale Federal Savings & Loan Ass'n v. Marina View Heights Development Co.California Court of Appeal · 1977
  3. Mutual Life Ins. Co. of NY v. JohnsonSupreme Court of the United States · 1934
  4. Texas-Louisiana Power Co. v. City of FarmersvilleTexas Commission of Appeals · 1933
  5. Banco Nacional De Cuba v. Chase Manhattan BankDistrict Court, S.D. New York · 1980

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

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