Opinion

In re Bank of North Carolina

  • 2 F. Cas. 667
  • 12 Nat. Bank. Reg. 130
Court
District Court, W.D. North Carolina
Filed
Jul 1, 1875
Status
Published
Author
Bond
On the bench
Bond
Cited by
2 cases
Authority
More cited than 84.5%

The opinion

BOND, Circuit Judge,

delivered the following opinion, reversing the decision of the district judge:

This is a petition on the part of certain creditors of the Bank of North Carolina, an adjudged bankrupt, to be allowed interest on their claims from the date of the adjudication in bankruptcy, there being a surplus fund after payment of all the debts of the bank in full. The creditors who petition are the bill-holders of the bank. I can see np just reason why this claim should not be allowed; and a complete answer may be found to all objections made at bar to the allowance of interest, in the very able and elaborate opinion of Chief Justice Shaw in the case of Williams v. President & Directors of American Bank, 4 Mete. (Mass,) 317, and in the equally clear opinion of Judge Hubbard in the case of Brown v. Lamb, 6 Mete. (Mass.) 203, which 'exhausts the subject. The case will be sent to the district court with directions to proceed accordingly.

This is a copy of a public record, reproduced as it was published. It is not legal advice, and it may not be the version a court would rely on. Check the official source before you cite it.

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