Legal Opinion
Bailey v. Merrimack Nat. Bank
District Court, D. Massachusetts
Decided August 30, 1922No. 1134PublishedCited by 7 opinions
1Opinion of the Court
MORTON, District Judge.
This is a suit by the trustees in bankruptcy of the Cooper-Riberty-Thompson Company to recover *515from the defendant bank deposits made with it by the bankrupt and set off by the bank upon indebtedness due to it from the bankrupt. The facts are as follows:
The bankrupt manufactured shoes. It had a substantial factory, which was located at first in Haverhill and was later removed to Marlborough. Like many other concerns engaged in that business, it was severely affected by the extraordinary decline in prices and lack of orders which occurred during the middle and latter part…
2Cases cited5 opinions
- Studley v. Boylston National BankSupreme Court of the United States · 1913
- National Bank of Newport v. National Herkimer County Bank of Little FallsSupreme Court of the United States · 1912
- Mechanics' and Metals Nat. Bank of City of New York v. ErnstSupreme Court of the United States · 1913
- First Nat. Bank of El Centro v. HarperCourt of Appeals for the Ninth Circuit · 1918
- In re Fairburn Oil & Fertilizer Co.District Court, N.D. Georgia · 1917
3Cited by7 opinions
- CITIZENS'NAT. BANK OF GASTONIA, NC v. LinebergerCourt of Appeals for the Fourth Circuit · 1930
- Union Bank & Trust Co. of Helena v. LobleCourt of Appeals for the Ninth Circuit · 1927
- Merrimack Nat. Bank v. BaileyCourt of Appeals for the First Circuit · 1923
- Plymouth County Trust Co. v. MacDonaldCourt of Appeals for the First Circuit · 1932
- Twentieth Street Bank v. GilmoreCourt of Appeals for the Fourth Circuit · 1934
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