Legal Opinion
United States v. New York Terminal Warehouse Company, Inc.
Court of Appeals for the Fifth Circuit
Decided May 8, 1956No. 15800_1PublishedCited by 3 opinions
1Opinion of the Court
TUTTLE, Circuit Judge.
This is an appeal from a summary judgment entered against the United States in its suit to recover on eleven negotiable warehouse receipts. There is no dispute over the facts.
In 1948 the Denton Peanut Company ¡borrowed sums approximating $1,000,-•■000 from the Denton County National Bank. The peanut company secured these loans, denominated dealer’s commodity loans, by peanuts stored in the warehouses of the New York Terminal Warehouse Company, represented by negotiable warehouse receipts issued by the warehouse company. The warehouse receipts were issued directly to the…
2Cases cited2 opinions
- New Orleans Gas Light Co. v. WebbSupreme Court of Louisiana · 1852
- New York Terminal Warehouse Co. v. BullingtonCourt of Appeals for the Fifth Circuit · 1954
3Cited by3 opinions
- Southwest Airlines Company v. Texas International Airlines, Inc. v. Texas Aeronautics Commission, Intervenor-AppelleeCourt of Appeals for the Fifth Circuit · 1977
- Merchants Corp. of America v. Nine Thousand Six Hundred Fifty-five Long Tons, More or Less, of No. 2 Yellow MiloDistrict Court, S.D. Texas · 1965
- Industrial Credit Company, a Corporation v. Maurice Berg, June Berg and Howard JamesCourt of Appeals for the Eighth Circuit · 1968