McBride v. Oriental Bank of New York

S.D. New York

McBride v. Oriental Bank of New York

200 F. 895, 1912 U.S. Dist. LEXIS 1141

District Court, S.D. New York·Decided November 4, 1912·Published·Cited by 1 cases

Opinion

WARD, Circuit Judge.

The plaintiff, receiver of the Western Bank & Trust Company, of Dallas, Tex., recovered a judgment against the defendant, the Oriental Bank of New York, in the district court of Dallas county, Tex., which on appeal to the Court of Civil Appeals was reduced to the sum of $19,244.85, and in that amount affirmed. Upon this judgment the plaintiff has brought an action in. this court, describing himself as “Rawrence C. McBride, as receiver of the Western Bank & Trust Company, Dallas, Tex.,” and setting out in the complaint his appointment as receiver and the judgment in his favor.

The defendant demurs on the ground that, being a receiver appointed by the court of another state, he cannot maintain this action. This is a well-established general principle. Booth v. Clark, 17 How. 322, 15 L. Ed. 164; Great Western Mining Co. v. Harris, 198 U. S. 561, 25 Sup. Ct. 770, 49 L. Ed. 1163; Hilliker v. Hale, 117 Fed. 220, 54 C. C. A. 252. But the plaintiff, conceding this, contends that a foreign receiver, who is vested with title to a claim, may sue thereon in another state, and he refers to Rolfe v. Rundle, 103 U. S. 222, 26 L. Ed. 337, as an illustration of this. The statute of Missouri had vested the entire property of a dissolved corporation in the superintendent of insurance, and the Supreme Court held he was to be treated as if he were the corporation.

Assuming that a receiver vested with title may sue in a foreign state, the question is whether the plaintiff, upon recovering judgment, did become vested with the title to. it, and, if so, whether he is in this case suing as receiver or as judgment creditor. Judge Coxe has fixed the law in this circuit upon this point in Wilkinson v. Culver (C. C.) 25 Fed. 639, holding that in such a case the original cause of action was .merged in the judgment, and that the receiver, in suing on the judgment, sued as judgment creditor; the reference to the receivership being merely descriptio personae, to be treated as surplusage. I will follow this decision.

The second ground of demurrer, viz., that the complaint does not state facts sufficient to constitute a cause of action, depends upon the same contention.

Demurrer overruled.

Free access — add to your briefcase to read the full text and ask questions with AI

WARD, Circuit Judge.

The plaintiff, receiver of the Western Bank & Trust Company, of Dallas, Tex., recovered a judgment against the defendant, the Oriental Bank of New York, in the district court of Dallas county, Tex., which on appeal to the Court of Civil Appeals was reduced to the sum of $19,244.85, and in that amount affirmed. Upon this judgment the plaintiff has brought an action in. this court, describing himself as “Rawrence C. McBride, as receiver of the Western Bank & Trust Company, Dallas, Tex.,” and setting out in the complaint his appointment as receiver and the judgment in his favor.

The defendant demurs on the ground that, being a receiver appointed by the court of another state, he cannot maintain this action. This is a well-established general principle. Booth v. Clark, 17 How. 322, 15 L. Ed. 164; Great Western Mining Co. v. Harris, 198 U. S. 561, 25 Sup. Ct. 770, 49 L. Ed. 1163; Hilliker v. Hale, 117 Fed. 220, 54 C. C. A. 252. But the plaintiff, conceding this, contends that a foreign receiver, who is vested with title to a claim, may sue thereon in another state, and he refers to Rolfe v. Rundle, 103 U. S. 222, 26 L. Ed. 337, as an illustration of this. The statute of Missouri had vested the entire property of a dissolved corporation in the superintendent of insurance, and the Supreme Court held he was to be treated as if he were the corporation.

Assuming that a receiver vested with title may sue in a foreign state, the question is whether the plaintiff, upon recovering judgment, did become vested with the title to. it, and, if so, whether he is in this case suing as receiver or as judgment creditor. Judge Coxe has fixed the law in this circuit upon this point in Wilkinson v. Culver (C. C.) 25 Fed. 639, holding that in such a case the original cause of action was .merged in the judgment, and that the receiver, in suing on the judgment, sued as judgment creditor; the reference to the receivership being merely descriptio personae, to be treated as surplusage. I will follow this decision.

The second ground of demurrer, viz., that the complaint does not state facts sufficient to constitute a cause of action, depends upon the same contention.

Demurrer overruled.

McBride v. Oriental Bank of New York, 200 F. 895, 1912 U.S. Dist. LEXIS 1141 (S.D.N.Y. 1912).

Pincite

200 F. 895 (McBride v. Oriental Bank of New York) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Opinion

Related