JACKSON v. SMITH

No. 130.

254 U.S. 586 (1921)

JACKSON, RECEIVER OF THE FIRST CO-OPERATIVE BUILDING ASSOCIATION OF GEORGETOWN, D.C. v. SMITH ET AL.

Supreme Court of United States.

Decided January 24, 1921.


Attorney(s) appearing for the Case

Mr. W.W. Millan for petitioner.

Mr. Louis Addison Dent for respondents.


MR. JUSTICE BRANDEIS delivered the opinion of the court.

Smith and Wilson were sued in the Supreme Court of the District of Columbia by the receiver of the First Co-operative Building Association of Georgetown, D.C., for the amount of profits made by them and a former receiver of the Association in the purchase at a foreclosure sale and subsequent resale of land mortgaged to secure a note owned by the Association. The Supreme Court held them liable for the full amount...

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