SCHUMACHER v. EASTERN BANK & TRUST CO.

No. 3184.

52 F.2d 925 (1931)

SCHUMACHER v. EASTERN BANK & TRUST CO.

Circuit Court of Appeals, Fourth Circuit.

October 12, 1931.


Attorney(s) appearing for the Case

Julius F. Duncan, of Beaufort, N. C., and J. O. Carr, of Wilmington, N. C., for appellant.

T. D. Warren and L. I. Moore, both of New Bern, N. C. (Moore & Dunn and Warren & Warren, all of New Bern, N. C., on the brief), for appellee.

Before PARKER, NORTHCOTT, and SOPER, Circuit Judges.


PARKER, Circuit Judge.

This is an appeal in a suit instituted by the receiver of the First National Bank of New Bern, N. C., against the Eastern Bank & Trust Company of that city. The purpose of the suit was to secure possession of certain notes and other securities pledged to the trust company by the bank as collateral security, and to have the pledge declared void. From a decree in favor of the defendant trust company, the receiver has appealed.

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