UNITED STATES SHIPPING BOARD MERCHANT FLEET CORP. V. RHODES, 297 U. S. 383 (1936)

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U.S. Supreme Court

United States Shipping Board Merchant Fleet Corp. v. Rhodes, 297 U.S. 383 (1936)

United States Shipping Board Merchant Fleet Corp. v. Rhodes

No. 546

Argued February 14, 1936

Decided March 2, 1936*

297 U.S. 383

Syllabus

The right of a creditor of an insolvent national bank to bring suit for recovery of funds of the bank alleged to have been unlawfully disbursed

Page 297 U. S. 384

by the receiver under the direction of the Comptroller of the Currency, is sustained, in the circumstance of this case, although there was no prior demand upon or refusal by the officials named to bring suit themselves.

65 App.D.C. 21, 79 F.2d 146, affirmed.

Certiorari, 296 U.S. 568, to review a decree which, on a special appeal below, affirmed in part orders of the trial court overruling motions to dismiss a bill for an accounting, etc.