Legal Opinion
Capital Savings & Loan Ass'n v. Olympia Nat. Bank
Court of Appeals for the Ninth Circuit
Decided December 16, 1935No. 7854PublishedCited by 2 opinions
1Opinion of the Court
GARRECHT, Circuit Judge.
The appellants brought a suit in equity against the appellees to recover collateral securities alleged to have been unlawfully pledged to the appellee state treasurer for the deposit of state funds in the appellee -bank. In the alternative, the bill prayed for the recovery of the cash proceeds received by the state treasurer, in the event that the collateral securities had been sold by him. The appellants also asked, for an injunction to restrain further payments of dividends by the appellee bank receiver to the state treasurer until the common creditors of the bank…
2Cases cited21 opinions
- Merrill v. National Bank of JacksonvilleSupreme Court of the United States · 1899
- Interstate Commerce Commission v. BairdSupreme Court of the United States · 1904
- Texas & Pacific Railway Co. v. PottorffSupreme Court of the United States · 1934
- Brinckerhoff v. . BostwickNew York Court of Appeals · 1882
- Georgia Railroad & Banking Co. v. SmithSupreme Court of the United States · 1888
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3Cited by2 opinions
- American Trust Co. v. HarrisCourt of Appeals for the Ninth Circuit · 1937
- Wells Fargo Bank & Union Trust Co. v. McDuffieCourt of Appeals for the Ninth Circuit · 1937