{
  "id": 8625455,
  "name": "BALTIMORE TRUST COMPANY, Trustee, v. GURNEY P. HOOD, Commissioner",
  "name_abbreviation": "Baltimore Trust Co. v. Hood",
  "decision_date": "1933-03-15",
  "docket_number": "",
  "first_page": "777",
  "last_page": "777",
  "citations": [
    {
      "type": "official",
      "cite": "204 N.C. 777"
    }
  ],
  "court": {
    "name_abbreviation": "N.C.",
    "id": 9292,
    "name": "Supreme Court of North Carolina"
  },
  "jurisdiction": {
    "id": 5,
    "name_long": "North Carolina",
    "name": "N.C."
  },
  "cites_to": [],
  "analysis": {
    "cardinality": 172,
    "char_count": 2164,
    "ocr_confidence": 0.451,
    "sha256": "4024c191d122adbb29575348d1e978eaac5d6ebce98a71c930dc0ad529b0e40c",
    "simhash": "1:9fcf19bbd66f8e33",
    "word_count": 346
  },
  "last_updated": "2023-07-14T22:38:28.108315+00:00",
  "provenance": {
    "date_added": "2019-08-29",
    "source": "Harvard",
    "batch": "2018"
  },
  "casebody": {
    "judges": [],
    "parties": [
      "BALTIMORE TRUST COMPANY, Trustee, v. GURNEY P. HOOD, Commissioner."
    ],
    "opinions": [
      {
        "text": "Pee CueiaM.\nAffirmed on authority of Safe Deposit Co. v. Hood, Comr., ante, 346, and Flack v. Hood, Comr., ante, 337.\nAffirmed.",
        "type": "majority",
        "author": "Pee CueiaM."
      }
    ],
    "attorneys": [
      "Alfred S. Barnard for plaintiff.",
      "Johnson, Smothers & Rollins for defendant."
    ],
    "corrections": "",
    "head_matter": "BALTIMORE TRUST COMPANY, Trustee, v. GURNEY P. HOOD, Commissioner.\n(Filed 15 March, 1933.)\nAppeal by defendant from Sink, J., at June Term, 1932, of BUNCOMBE.\nCivil action to establish preference, or priority of plaintiff\u2019s claim against funds in the hands of liquidating agent of insolvent bank.\nThe case was heard by the court without the intervention of a jury, upon facts agreed or found without objection:\nThe Federal Mortgage Company and Standard Mortgage Company issued certain bonds with interest coupons attached, secured by indentures duly registered. These bonds and coupons were payable at the Central Bank and Trust Company, named as trustee in each indenture for such purpose. To meet the interest represented by maturing coupons, the Federal Mortgage Company and the Standard Mortgage Company deposited with the Central Bank and Trust Company $7,121.75 and $3,262.35 respectively, and these amounts were entered upon the books of the trust department as having been received for the respective purposes of paying said coupons.\nWhen the Central Bank and Trust Company failed, 19 November, 1930, the above amounts had not been applied to the payment of interest coupons, and according to the records of the trust department of the bank, said amounts are still held for said purposes.\nPlaintiff sues as substituted trustee.\nThe court found that the amounts so deposited with the Central Bank and Trust Company by the Federal Mortgage Company and the Standard Mortgage Company constituted special deposits for specific purposes and adjudged that plaintiff was entitled to a preference of $10,384.10 against the assets in the hands of the liquidating agent, \u201cand to be paid in full, if there is a sufficient amount realized from the liquidation of the said bank to pay the same in full; and, if not, that it share pro rata with the other preferred claims against said trust, as finally determined by the courts.\u201d\nDefendant appeals, assigning errors.\nAlfred S. Barnard for plaintiff.\nJohnson, Smothers & Rollins for defendant."
  },
  "file_name": "0777-01",
  "first_page_order": 843,
  "last_page_order": 843
}