PENN. CO. v. BANK

No. 32706.

157 Ohio St. 196 (1952)

THE PENNSYLVANIA CO. FOR BANKING & TRUSTS, FORMERLY THE GERMANTOWN TRUST CO., ET AL., APPELLANTS, v. THE UNION BANK OF COMMERCE CO., APPELLEE, ET AL.

Supreme Court of Ohio.

Decided March 19, 1952.


Attorney(s) appearing for the Case

Mr. Dorr E. Warner, for appellants.

Messrs. Arter, Hadden, Wykoff & Van Duzer, Mr. Edwin A. Howe, Mr. Quentin Alexander and Mr. Harold O. Ziegler, for appellee.


MIDDLETON, J.

In its simplest form the question under consideration is whether the plaintiffs who refused to accept, or become parties to, the plan are entitled to share in its benefits after the plan had proved successful.

In proposing and recommending the plan, the superintendent formally stated it to be his best estimate that continued liquidation would fail by approximately $1,254,000 to pay the face amount...

Let's get started

Leagle.com

Welcome to the leading source of independent legal reporting
Sign on now to see your case.
Or view more than 10 million decisions and orders.

  • Updated daily.
  • Uncompromising quality.
  • Complete, Accurate, Current.

Listed below are the cases that are cited in this Featured Case. Click the citation to see the full text of the cited case. Citations are also linked in the body of the Featured Case.

Cited Cases

  • No Cases Found

Listed below are those cases in which this Featured Case is cited. Click on the case name to see the full text of the citing case.

Citing Cases