In re T. A. McIntyre & Co.
Court of Appeals for the Second Circuit
Appeal from the District Court of the United States for the Southern District of New York. In the Matter of the Bankruptcy of T. A. McIntyre & Co. From an order denying the petition of Edward Pierce for leave to file a claim of title against moneys and securities in the hands of the trustees after the time for filing such claims fixed by the court had passed, he appeals.
1Opinion of the Court
WARD, Circuit Judge.
April 10, 1908, Edward Pierce, the petitioner, bought through McIntyre & Co. 100 shares of Great Northern preferred stock which he paid for and left in their hands. They wrongfully sold the same and deposited the proceeds in their account *553in the National Rank of Commerce. May 21st McIntyre & Co. were adjudicated bankrupts. They had borrowed $200,000 from the bank upon various securities as collateral, a large part of which the bank sold out under the collateral note. After applying the balance to the credit of the bankrupt and the proceeds of sale of the securities, there…
2Cited by8 opinions
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- Leonard v. FieldCourt of Appeals for the Ninth Circuit · 1934
- Wheeling Valley Coal Corp. v. BradyCourt of Appeals for the Fourth Circuit · 1947
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