Prairie State Bank v. United States

Prairie State Bank v. United States
Decided November 30, 1896
Full case namePrairie State Bank v. United States
Citations164 U.S. 227 (more)
Holding
An equitable claim by a surety to percentages of payment retained by the federal government has priority over the claim of an assignee-lender.
Court membership
Chief Justice
Melville Fuller
Associate Justices
Stephen J. Field · John M. Harlan
Horace Gray · David J. Brewer
Henry B. Brown · George Shiras Jr.
Edward D. White · Rufus W. Peckham
Case opinion
MajorityWhite, joined by unanimous

Prairie State Bank v. United States, 164 U.S. 227 (1896), was a United States Supreme Court case in which the court held that an equitable claim by a surety to percentages of payment retained by the federal government has priority over the claim of an assignee-lender.[1][2]

References

  1. ^ Prairie State Bank v. United States, 164 U.S. 227 (1896).
  2. ^ Law Review Editors, The Assignment of Claims Act of 1940: Assignee v. Surety, University of Chicago Law Review, p. 120, published 9 January 1952, accessed 26 May 2024

This article incorporates written opinion of a United States federal court. As a work of the U.S. federal government, the text is in the public domain.