Chambers v. Continental Trust Co.
District Court, S.D. Georgia
Action by Hugh Chambers, trustee of E. N. Jelks, bankrupt, against the Continental Trust Company. On petition for review of a finding of the referee.
1Opinion of the Court
SPEER, District Judge.
In July, 1914, the Commercial National Bank of Macon had become seriously embarrassed. Its financial distress involved also its companion institution chartered by the stale. This was the Commercial & Savings Bank. These two banking corporations bad enjoyed to a large degree the confidence of the general public, and the officials of both, when‘the impending disaster was evident, at once undertook the most vigorous measures to save harmless their depositors and creditors. Application for assistance was promptly made to Mr. R. J. Taylor, the president of the American…
2Cases cited12 opinions
- Coder v. ArtsSupreme Court of the United States · 1909
- Grant v. National BankSupreme Court of the United States · 1878
- National Bank of Newport v. National Herkimer County Bank of Little FallsSupreme Court of the United States · 1912
- Toof v. MartinSupreme Court of the United States · 1871
- Tiffany v. Boatman's InstitutionSupreme Court of the United States · 1874
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3Cited by1 opinion
- Chambers v. Continental Trust Co.Court of Appeals for the Fifth Circuit · 1917