Legal Opinion
Drewen v. Union Discount Co.
Court of Appeals for the Second Circuit
Decided May 6, 1929No. 333PublishedCited by 4 opinions
1Opinion of the Court
AUGUSTUS N. HAND, Circuit Judge.
The suit in which the order appealed from arises was one in equity for the appointment of a receiver of the defendant, Union Discount Company, Inc., and was commenced on September 22, 1927.
About January 2, 1926, the defendant corporation, when in need of funds to meet its current obligations and to continue its business, executed a trust instrument and deposited with the trustee named therein certain securities as collateral to corporate trust notes. Thereafter the defendant executed a further trust instrument, under which additional collateral, as well as that…
2Cases cited4 opinions
- Karasik v. People's Trust Co.District Court, E.D. New York · 1917
- Slyck v. WarnerAppellate Division of the Supreme Court of the State of New York · 1907
- Dill & Collins Co. v. MorisonAppellate Division of the Supreme Court of the State of New York · 1913
- Boice v. . Municipal Telegraph and Stock CompanyNew York Court of Appeals · 1908
3Cited by4 opinions
- Bennett v. Rodman & English, Inc.District Court, E.D. New York · 1932
- Weil v. Commissioner of Internal RevenueCourt of Appeals for the Second Circuit · 1937
- Upright v. BrownCourt of Appeals for the Second Circuit · 1938
- Dimond v. LinneckeNevada Supreme Court · 1971