Legal Opinion

Hellawell v. Town of Hempstead

District Court, E.D. New York

Decided February 5, 1935No. 7280PublishedCited by 3 opinions

1Opinion of the Court

INCH, District Judge.

The receiver of the First National Bank of Hempstead brings this suit against the town of Hempstead, Nassau county, Long Island, N. Y.

The plaintiff, by his bill, alleges three causes of action. The first and third causes of action relate to an alleged void pledge of assets of the bank to secure the deposit by the town supervisor of town money, representing taxes collected by the town. The second cause of action seeks to recover a certain portion of these assets so pledged on the theory that, at the time they were so pledged, the hank was insolvent and unable to meet its…

2Cases cited17 opinions

  1. United States v. Trans-Missouri Freight Assn.Supreme Court of the United States · 1897
  2. Merrill v. National Bank of JacksonvilleSupreme Court of the United States · 1899
  3. Texas & Pacific Railway Co. v. PottorffSupreme Court of the United States · 1934
  4. Lewis v. Fidelity & Deposit Co. of Md.Supreme Court of the United States · 1934
  5. City of Marion v. SneedenSupreme Court of the United States · 1934

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3Cited by3 opinions

  1. Loughman v. Town of PelhamCourt of Appeals for the Second Circuit · 1942
  2. Downey v. City of YonkersDistrict Court, S.D. New York · 1938
  3. Loughman v. Town of PelhamDistrict Court, S.D. New York · 1941

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