Nieman v. Bethlehem Nat. Bank
Cases that cite this one
4 later published cases cite this decision. The 3 that cite it most often are listed here.
- Republic of Cape Verde v. A & A Partners (District Court, S.D. New York 1980)
- Eleanor G. Biggs v. Public Service Coordinated Transport v. Robert Washington Third-Party (3d Cir. 1960)
- Wagner ex rel. Molner v. South Chicago Sav. Bank (7th Cir. 1944)
This list shows which later cases cite this one. It does not say how they treated it, and no review of that has been done. Not a substitute for Shepard’s or KeyCite — verify before relying.
Opinion of the Court
We agree with the conclusion reached by the district court, for the reasons satisfactorily stated in the opinion of Judge Kirkpatrick, 32 F.Supp. 436. We need only add that we see no basis for the defendant’s contention that it is not liable for interest for the period during which the insolvent bank, of which the plaintiff is receiver, was trustee of the defendant estate. The stockholders’ liability represented by the judgment recovered in this case was imposed for the benefit of the creditors of the bank, not of the bank itself. Dunn v. O’Connor, 67 App.D.C. 76, 89 F.2d 820. Consequently the right of the latter to interest from the due date of the assessment (Casey v. Galli, 94 U.S. 673, 24 L.Ed. 168) could not be prejudiced by the alleged neglect of the plaintiff and his predecessor in office to pay the assessment during that oeriod.
. , . The judgment of the, district court is ami med.
Case-law data current through December 31, 2025. Source: CourtListener bulk data.