Insurance Finance Corp. v. Phœnix Securities Corp.
District Court, D. Idaho
1Opinion of the Court
CAVANAH, District Judge.
On the 3d day of May, 1928, King, one of the defendants here, and as a stockholder in the Idaho Fire Insurance Company, began an action in the state court to impress a trust upon certain securities held by the commissioners of finance and insurance of Idaho and for the appointment of a receiver to take possession and distribute them to those entitled thereto.
In August, 1928, the present suit was brought for the purpose, as disclosed by the original bill, to have a pledge or lien impressed upon the securities and clear of any cloud.
After the defendant Phoenix Securities…
2Cases cited10 opinions
- Ponzi v. FessendenSupreme Court of the United States · 1922
- Farmers' Loan & Trust Co. v. Lake Street Elevated RailroadSupreme Court of the United States · 1900
- Wabash Railroad v. Adelbert College of Western Reserve UniversitySupreme Court of the United States · 1908
- Lion Bonding & Surety Co. v. KaratzSupreme Court of the United States · 1923
- Harkin v. BrundageSupreme Court of the United States · 1928
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3Cited by1 opinion
- Department of Financial Institutions of Indiana v. Mercantile-Commerce Bank & Trust Co.Court of Appeals for the Seventh Circuit · 1937