Legal Opinion
In re Prudence Co.
Court of Appeals for the Second Circuit
Decided July 1, 1937No. 231PublishedCited by 6 opinions
1Opinion of the Court
MANTON, Circuit Judge.
October 2, 1931, the debtor became the owner of a consolidated bond and first mortgage in the principal amount of $2,-300,000 upon an apartment house in New York City. On February 16, 1932, a formal application was submitted to the appellee for a loan not to exceed $25,000,000. The proposed collateral was listed in a schedule attached. Appellee’s board of directors rejected the offered collateral and designated the security it would require. The security upon which the disputed amortization payments were made consists of the above mortgage. In the application, this…
2Cases cited16 opinions
- Benedict v. RatnerSupreme Court of the United States · 1925
- Sexton v. Kessler & Co.Supreme Court of the United States · 1912
- Casey v. CavarocSupreme Court of the United States · 1878
- Zartman v. First National BankNew York Court of Appeals · 1907
- Brainard v. N.Y.C.R.R. Co.New York Court of Appeals · 1926
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3Cited by6 opinions
- Willcox v. GoessCourt of Appeals for the Second Circuit · 1937
- In Re Nizolek Furniture & Carpet Co.District Court, D. New Jersey · 1947
- In Re New York, N. H. & H. R.District Court, D. Connecticut · 1938
- In Re Pusey-Maynes-Breish Co.District Court, E.D. Pennsylvania · 1941
- In Re Prudence CompanyCourt of Appeals for the Second Circuit · 1937
1 more not listed; retrieve them via the Exa API.