DICKINSON, District Judge.
New conditions introduce new practices. When loan transactions were small, there was a borrower and a lender. If the loan was secured by a mortgage or other pledge, the lender in case of default could take care of himself. When very large loans came to be made, no one lender could take the whole loan. It was necessary to divide it among a large number of lenders. This in turn necessitated that a representative be chosen to act as a trustee...
Let's get started
Welcome to the leading source of independent legal reporting
Sign on now to see your case.
Or view more than 10 million decisions and orders.
- Updated daily.
- Uncompromising quality.
- Complete, Accurate, Current.