Legal Opinion
Anderson v. Federal Reserve Bank of Boston
Court of Appeals for the Fifth Circuit
Decided March 5, 1934No. 6832PublishedCited by 1 opinion
1Opinion of the Court
SIBLEY, Circuit Judge.
This is a contest between the receiver of a failed national bank and the holders of cheeks drawn on that bank which were presented by mail through a Federal Reserve Bank before the failure, and which the failed bank undertook to pay by sending by mail a draft against its reserve account in the Federal Reserve Bank. The receiver claims that he should have the amount of the reserve account undiminished by the draft. The cheekholders claim that the amount of the draft is distributable to them as an accomplished collection. The Federal Reserve Bank, being doubtful as to its…
2Cases cited10 opinions
- Fourth Street Bank of Philadelphia v. YardleySupreme Court of the United States · 1897
- Commercial Bank of Pa. v. ArmstrongSupreme Court of the United States · 1893
- National Bank v. BurkhardtSupreme Court of the United States · 1880
- American Nat. Bank of Nashville v. MillerSupreme Court of the United States · 1913
- Dakin v. BaylySupreme Court of the United States · 1933
5 more not listed; retrieve them via the Exa API.
3Cited by1 opinion
- Mount Vernon Trust Co. v. Federal Reserve BankNew York Supreme Court · 1943