OHIO NATIONAL LIFE INSURANCE CO. ET AL.

v.

BOARD OF EDUCATION OF GRANT COMMUNITY HIGH SCHOOL DISTRICT ET AL.

Citator

Cited By

• Commercial Nat. Bank in Shreveport v. Connolly, 176 F.2d 1004 (5th Cir. 1949)
  …s v. Dean, 1947, 211 La. 132, at page 144, 29 So. 2d 590, at page 594, where the court said: “ * * * In the case of Commercial Nat. Bank in Shreveport v. Parsons, 5 Cir., 144 F. 2d 231, 236, rehearing denied, 5 Cir., 145 F. 2d 191, certiorari denied 323 U.S. 796, 65 S.Ct. 440, 89 L.Ed. 635, this same doctrine is approved in the following language: ‘The relation between debtor and creditor or principal and guarantor is not necessarily one of trust and confidence, but that between pledgor and pledgee or liqui…
• Am. Nat'l Bank & Tr. Co. OF Chicago v. Weyerhaeuser Co., 692 F.2d 455 (7th Cir. 1982)
  …e debt grew. Any one who is under no legal obligation or liability to pay the debt, is a stranger, and, if he pays the debt, a mere volunteer.” Ohio National Life Insurance Co. v. Board of Education, 387 Ill. 159, 55 N.E. 2d 163, 171, cert. denied, 323 U.S. 796, 65 S.Ct. 439, 89 L.Ed. 635 (1944). The district court concluded that American “was under no legal obligation to either Bivest or to the Illinois Board to purchase the Weyerhaeuser shares, but did so without compulsion and as a mere volunteer.” Orde…
• Nelson v. Commissioner OF Internal Revenue, 281 F.2d 1 (5th Cir. 1960)
  …pal and interest,” to quote another figurative comparison, “are correlative terms, like parent and child.” Commercial National Bank in Shreveport v. Parsons, 5 Cir., 1944, 144 F. 2d 231, 240, rehearing denied 5 Cir., 145 F. 2d 191, certiorari denied 323 U.S. 796, 65 S.Ct. 440, 89 L.Ed. 635. It is an incident of the principal and when accrued and payable is an indebtedness no different from that of the principal. De Moville v. Merchants & Farmers Bank, [*6] supra. See also Estes Lumber Co. v. Investors’ Synd…