Blake v. Atlantic National Bank
Supreme Court of Rhode Island
Assumpsit.
1Opinion of the CourtSweetland, J.
The plaintiff is the trustee in bankruptcy of a bankrupt copartnership. The plaintiff alleges that said copartnership before its bankruptcy pledged with the defendant certain shares of stock and a bond as collateral security for a loan made by it to the copartnership; that the defendant sold said collateral security to satisfy the indebtedness; that after deducting from the proceeds of the sale the amount of the loan it now holds a balance in its hands which it should pay over to the plaintiff. The proceeding is an action-of the case brought to recover said balance.(1) Jury trial having been…
2Cited by2 opinions
- McGovern v. LordSupreme Court of Rhode Island · 1960
- SOCONY-VACUUM OIL COMPANY v. FrenchSupreme Court of Rhode Island · 1958