Commissioner of Banks
Massachusetts Supreme Judicial Court
Petition, filed in the Supreme Judicial Court for the county of Suffolk on March 15,1921, by the commissioner of banks in possession of the property and business of the Prudential Trust Company of Boston, seeking authority to pay to the savings department of that trust company from funds in its commercial department the amount of a transfer of funds and securities from the savings department to the commercial department, and to return to the commercial department certain…
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Petition, filed in the Supreme Judicial Court for the county of Suffolk on March 15,1921, by the commissioner of banks in possession of the property and business of the Prudential Trust Company of Boston, seeking authority to pay to the savings department of that trust company from funds in its commercial department the amount of a transfer of funds and securities from the savings department to the commercial department, and to return to the commercial department certain notes transferred from it to the savings department. The petition was referred to a master. Findings of the master relating…
1Opinion of the CourtRugg, C.J.
This is a petition by the commissioner of banks in possession of the property and business of the Prudential Trust Company. That company was opened for business in 1915 with both a commercial and a savings department, and continued its operations until closed by the commissioner under the authority of the statutes on September 10,1920. The purpose of this petition is to secure permission to pay to the savings department of the trust company from funds of the commercial department the unpaid balance of moneys turned over to the commercial department from the savings department in a series of…
2Cases cited9 opinions
- Little v. ChadwickMassachusetts Supreme Judicial Court · 1890
- Hewitt v. HayesMassachusetts Supreme Judicial Court · 1910
- Lowe v. JonesMassachusetts Supreme Judicial Court · 1906
- Burrage v. County of BristolMassachusetts Supreme Judicial Court · 1911
- Sears v. Inhabitants of NahantMassachusetts Supreme Judicial Court · 1913
4 more not listed; retrieve them via the Exa API.
3Cited by33 opinions
- First National Bank of Boston v. BrinkMassachusetts Supreme Judicial Court · 1977
- Hayden v. HaydenMassachusetts Supreme Judicial Court · 1950
- Fuller v. Trustees of Deerfield AcademyMassachusetts Supreme Judicial Court · 1925
- Cosmopolitan Trust Co. v. MitchellMassachusetts Supreme Judicial Court · 1922
- Commissioner of Insurance v. Massachusetts Accident Co.Massachusetts Supreme Judicial Court · 1945
28 more not listed; retrieve them via the Exa API.