Legal Opinion
Bailey v. Commissioner of Banks
Massachusetts Supreme Judicial Court
Decided April 13, 1923PublishedCited by 8 opinions
1Opinion of the CourtDe Courcy, J.
The commissioner of banks on February 17,. 1921, took possession of the property and business of the Tremont Trust Company under G. L. c. 167, § 22, and has since been engaged in winding up its affairs. Among the assets of the sav*500ings department, and held as an investment of deposits therein, was a demand collateral note of Burgess, Lang and Company for $50,000, dated July 2, 1920, payable to the trust company, and secured by a deposit of certain bonds and stocks. In the body of the note was the following: “The undersigned ... as security for the payment of this and all other direct or…
2Cases cited6 opinions
- Bachrach v. Commissioner of BanksMassachusetts Supreme Judicial Court · 1921
- Prudential Realty Co. v. Commissioner of BanksMassachusetts Supreme Judicial Court · 1922
- Kelly v. Commissioner of BanksMassachusetts Supreme Judicial Court · 1921
- Cosmopolitan Trust Co. v. RosenbushMassachusetts Supreme Judicial Court · 1921
- Tremont Trust Co. v. BakerMassachusetts Supreme Judicial Court · 1923
1 more not listed; retrieve them via the Exa API.
3Cited by8 opinions
- Cosmopolitan Trust Co. v. Leonard Watch Co.Massachusetts Supreme Judicial Court · 1924
- Goldband v. Commissioner of BanksMassachusetts Supreme Judicial Court · 1923
- Rossi Bros. v. Commissioner of BanksMassachusetts Supreme Judicial Court · 1933
- Cosmopolitan Trust Co. v. Suffolk Knitting MillsMassachusetts Supreme Judicial Court · 1924
- Cosmopolitan Trust Co. v. WassermanMassachusetts Supreme Judicial Court · 1925
3 more not listed; retrieve them via the Exa API.