Legal Opinion

Compania de Aguaceros v. First National City Bank

District Court, Canal Zone

Decided August 11, 1966No. Civ. No. 5863PublishedCited by 1 opinion

1Opinion of the Court

FINDINGS OF FACT

CROWE, District Judge.

1. The plaintiff, Compañía de Aguaceros, S. A., is a Panamanian corporation engaged in the sale of airlines and airplanes and it was founded in 1958 by Gaston Faraudo, Joseph M. Silverthome, and Heriberto Sanchez.

2. The defendant, The First National City Bank, is a national banking association organized and authorized to do business under the laws of the United States of America and has qualified to do business and is doing business in the Canal Zone and in the Republic of Panama. It maintains in both jurisdictions branch banks or offices where it…

2Cases cited21 opinions

  1. Leather Manufacturers' Bank v. MorganSupreme Court of the United States · 1886
  2. Basch v. Bank of Am. Nat'l Tr. & Sav. Ass'nCalifornia Supreme Court · 1943
  3. Jackson Ex Rel. Greater St. Matthews Baptist Church v. First National Bank of Memphis, Inc.Court of Appeals of Tennessee · 1966
  4. Deer Island Fish & Oyster, Co. v. First Nat. BankMississippi Supreme Court · 1933
  5. Huber Glass Co. v. First National Bank of KenoshaWisconsin Supreme Court · 1965

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3Cited by1 opinion

  1. First National City Bank v. Compania De Aguaceros, S. A.Court of Appeals for the First Circuit · 1968

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