UNION TRUST COMPANY OF MARYLAND
v.
CHAPMAN A. PECK, TRUSTEE
UNION TRUST COMPANY OF MARYLAND
CHAPMAN A. PECK, TRUSTEE
273 U.S. 767
Supreme Court of the United States (1927)
Positive Treatment
Cited by 1 case
Opinion
Full opinion text not available for this case.
Cases With Similar Vibessemantic neighbors from the corpus
Citator
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In re Applied Logic Corp. v. Gutterman, 576 F.2d 952 (2d Cir. 1978)…agreement that the deposit shall be held for the payment of certain creditors, which would be breached if the bank applied the account to pay itself. This principle was applied in Union Trust Co. v. Peck, 16 F. 2d 986, 987-88 (4 Cir.), cert. denied, 273 U.S. 767, 47 S.Ct. 571, 71 L.Ed. 882 (1927). The facts are sparsely stated but the court said: It is, moreover, to be noted that, before and at the time the bank applied these amounts to its own use, it, the bankrupt and the other creditors were conferring…