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CONTINENTAL GRAIN CO. v. FIRST NAT. BANK OF MEMPHIS

Civ. No. 2860.

162 F.Supp. 814 (1958)

CONTINENTAL GRAIN COMPANY, Plaintiff, v. The FIRST NATIONAL BANK OF MEMPHIS and Charles G. Black, Trustee in Bankruptcy for Butler-Foster Milling Company, Defendants.

United States District Court W. D. Tennessee, W. D.

May 8, 1958.

Attorney(s) appearing for the Case

Canada, Russel & Turner, J. Martin Regan, Memphis, Tenn., Charles Gutwirth, Theodore Ness, New York City, for plaintiff.

Shepherd, Heiskell, Williams, Beale & Wall, Memphis, Tenn., for defendant Bank.

James Sedden Allen, Walter Armstrong, Jr., John R. Gilliland, Memphis, Tenn., for trustee.

BOYD, District Judge.

The plaintiff, Continental Grain Company, hereinafter referred to as Continental, a Delaware Corporation, on March 16, 1956, filed this suit against the First National Bank of Memphis, hereinafter referred to as The Bank, a Corporation organized under the National Banking Act, 12 U.S.C.A. § 1 et seq., and Charles G. Black, Trustee in Bankruptcy for the Butler-Foster Milling Company. Plaintiff asks the Court to declare a recision of a soybean...

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