Legal Opinion

Federal Reserve Bank v. Delta County Register of Deeds

Michigan Supreme Court

Decided March 9, 1939No. Calendar 40,047PublishedCited by 5 opinions

1Opinion of the CourtWiest, J.

The Federal Reserve Bank of Minneapolis in 1938 loaned $800,000 to the Escanaba Paper Company, secured by mortgage on real estate in Delta and Marquette counties, this State. The register of deeds for Delta county refused to record the mortgage without payment of the mortgage tax hereinafter mentioned. Claiming immunity from the tax under Federal and State statutory provisions, the Federal Bank, as mortgagee, petitioned the circuit court for the county of Delta to issue a writ of mandamus directing the register of deeds to record the mortgage without payment of the tax, and the court issued…

2Cases cited3 opinions

  1. New York Ex Rel. Rogers v. GravesSupreme Court of the United States · 1937
  2. Geery v. Minnesota Tax CommissionSupreme Court of Minnesota · 1938
  3. Taylor v. County of GeneseeMichigan Supreme Court · 1938

3Cited by5 opinions

  1. John L. Lewis v. United StatesCourt of Appeals for the Ninth Circuit · 1982
  2. Lee Construction Co. v. Federal Reserve Bank of RichmondDistrict Court, D. Maryland · 1982
  3. Committee to Save the Fox Building v. Birmingham Branch of Federal Reserve BankDistrict Court, N.D. Alabama · 1980
  4. Brink's, Inc. v. Board of Governors of the Federal Reserve SystemDistrict Court, District of Columbia · 1979
  5. Applicability of the Service Contract Act of 1965 to Federal Reserve Banks, Department of Justice Office of Legal Counsel1978

Showing a preview — retrieve the full document via the Exa API.

Powered by the Exa API