Case Name: SALEM TRUST CO. v. FEDERAL NAT. BANK et al.
Court: United States Court of Appeals for the First Circuit
Jurisdiction: United States
Decision Date: 1935-05-25
Citations: 78 F.2d 407
Docket Number: No. 3001
Parties: SALEM TRUST CO. v. FEDERAL NAT. BANK et al.
Judges: 
Reporter: Federal Reporter 2d Series
Volume: 78
Pages: 407–408

Head Matter:
SALEM TRUST CO. v. FEDERAL NAT. BANK et al.
No. 3001.
Circuit Court of Appeals, First Circuit.
May 25, 1935.
Alfred P. Lowell, of Boston, Mass. (Burnham, Bingham, Pillsbury, Dana & Gould, of Boston, Mass., on the brief), for appellant.
John C. Coughlin and John VdeP. Phelan, both of Boston, Mass. (Parkman, Robbins, Coughlin & Hannan, of Boston, Mass., on the brief), for appellees.
Before BINGHAM, WILSON, and MORTON, Circuit Judges.

Opinion:
PER CURIAM.
The evidence rejected by Judge Lowell but considered by Judge Brewster in reaching some of the conclusions in the fifth paragraph of his findings of fact was competent and properly considered. He was at liberty to disregard the ruling of Judge Lowell and consider the evidence, and, this being a suit in equity, we should have done so had he done otherwise.
Whether the officers of the national bank knew or did not know the trust company was insolvent was immaterial to a proper disposition of the case. Cosmopolitan Trust Co. v. S. L. Agoos Tanning Co., 245 Mass. 69, 139 N. E. 806; Banca Italiana Di Sconto v. Bailey, 260 Mass. 151, 157 N. E. 40; Banfield v. Whipple, 14 Allen (Mass.) 13. It was not error to fail to determine the fact.
We think the decree of the District Court should be affirmed for the reasons stated in Judge Brewster's opinion.
The decree of the District Court is affirmed.