A. G. JOHNS, AS TRUSTEE IN BANKRUPTCY OF E. Y. FOLEY, INC., A BANKRUPT, ETC.
v.
UNITED BANK AND TRUST COMPANY OF CALIFORNIA

U.S. | 1927-02-28
No. 824
273 U.S. 753 Supreme Court of the United States (1927) Caution
Cited by 1 case

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  • In re A. M. Townson & Co., 283 F.2d 449 (3d Cir. 1960)
    …however, where tbe trustee * * * bas been authorized to continue tbe bankrupt’s business and tbe bank has made advances to enable him to do so.” and in a footnote cites Johns v. United Bank & Trust Co., 9 Cir., 1926, 15 F. 2d 300, certiorari denied 273 U.S. 753, 47 S.Ct. 457, 71 L.Ed. 874. A reading of that case discloses that it did not involve advances by a bank to a bankruptcy trustee to enable him to continue operation of the bankrupt’s business. Tbe bank loans were made in tbe Johns case to trustees o…

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