People v. Franklin National Bank

The question before this court is the constitutionality of a statute of the State of New York. By means of a properly instituted proceeding, the New York Attorney-General, in the name of the People of the State of New York, seeks an injunction against defendant, the Franklin National Bank of Franklin Square, Nassau County, New York, a corporation organized and existing under the National Bank Act of the United States, restraining it from using the words “ saving ” or “ savings ” in its publicity and from holding itself out as a savings bank. Plaintiff bases its suit upon subdivision 1 of…