 | Law - 1884 - 550 pages
...STATES. APRIL 9, 1883. COOK CotrNTr NATIONAL BANK v. UNITED STATES. The provision of USRS, section 3488, that "whenever any person Indebted to the United States Is insolvent the debts due to the Umted States shall be first satisfied" does not apply to an insolvent National Bank. The United States... | |
 | William Henry Burroughs - Local taxation - 1877 - 970 pages
...estate in the hands of a personal representative is insufficient to pay all debts due by the deceased, the debts due to the United States shall be first satisfied. The right of the United States under this statute was not a right which supersedes and overrules the assignment... | |
 | Irving Browne - National banks (United States). - 1880 - 638 pages
...is not allowed in behalf of the creditors of other corporations, by whatever authority created, and which are indebted to the United States. The words...language of the statute. The same considerations of United States v. Cook County National Bank. public policy which suggested the act of 1797 exist now... | |
 | Law reports, digests, etc - 1920 - 2100 pages
...priority upon sections 3466 and 3468 of the Revised Statutes of the United States. Section 3466 provides that — "Whenever any person Indebted to the United...due to the United States shall be first satisfied ; and the priority hereby established shall extend as well to eases In which a debtor, not having sufficient... | |
 | Law reports, digests, etc - 1887 - 1910 pages
...action arises under sections 3406 and 3467 of the United States Revised Statutes. Section 3466 provides that whenever any person indebted to the United States is insolvent, the tifbt due to the United States shall be first satisfied, and that the priority thereby established... | |
 | United States. Circuit Court (2nd Circuit) - Law reports, digests, etc - 1888 - 634 pages
...arises under sections 3,466 and 3,467 of the United States Revised Statutes. Section 3,466 provides, that, whenever any person indebted to the United States...due to the United States shall be first satisfied, and that the priority thereby established shall extend as well to cases in which a debtor, not having... | |
 | Irving Browne - National banks (U.S.) - 1889 - 824 pages
...Security Bank v. Butler, 320. 6. Bights of United States as creditor. The provision of USRS. s$ 3466, that " whenever any person indebted to the United...due to the United States shall be first satisfied" does not apply to an insolvent National bank. The United States may not claim a payment of their demand... | |
 | Henry Campbell Black - Judgments - 1891 - 690 pages
...of Government Claims. It is provided, by section 346 of the Revised Statutes of the United States, that "whenever any person indebted to the United States is insolvent .... the debts due the United States shall be first satisfied," and this priority is declared to extend to cases in which... | |
 | United States - 1902 - 1094 pages
...United States has no preference. 13. The provision of United States Revised Statutes, section 3466, that " whenever any person indebted to the United...due to the United States shall be first satisfied," does not apply to an insolvent national bank. (Cook County Nat. Bank <•, United States, 107 US, 445.)... | |
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Whenever any person Indebted to the United States is insolvent, • • * the debts due to the United States shall be first satisfied... 
