FEDERAL DEPOSIT INS. CORPORATION v. TREMAINE


37 F.Supp. 177 (1940)

FEDERAL DEPOSIT INS. CORPORATION v. TREMAINE et al.

District Court, S. D. New York.

December 3, 1940.


Attorney(s) appearing for the Case

Edwin A. Tennant, Jr., of New York City (Edwin A. Tennant, Jr., Harry Rodwin, and Irving H. Jurow, all of New York City, of counsel), for plaintiff.

John J. Bennett, Jr., Atty. Gen., State of New York (James S. Regan, Asst. Atty. Gen., in Charge, and Robert P. Beyer, and Hyman Wank, Asst. Attys. Gen., of counsel), for defendant Morris S. Tremaine.

Berle & Berle, of New York City (Winthrop H. Kellogg, of New York City, of counsel), for defendants Adolf Berle, Jr., and Louis M. Faulkner.

William C. Chanler, Corp. Counsel, of New York City (Seymour B. Quel, Bernard Newman, and Arthur H. Kahn, all of New York City, of counsel), for defendant Almerindo Portfolio.

John V. Sheridan, of New York City, pro se.


KNOX, District Judge.

This suit, based upon the laws of the United States, 12 U.S.C.A. § 264(j) paragraph 4th, grows out of the liquidation of the assets of the Fort Greene National Bank of Brooklyn, New York (hereinafter referred to as the Bank), and of which, upon the Bank's failure, the plaintiff, Federal Deposit Insurance Corporation (hereinafter referred to as F. D. I. C.), became receiver. Jurisdiction is predicated...

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