People's Bank v. Mechanics' National Bank of Newark

— It was held by the" court of appeals, in the case of Robinson agt. The National Bank of Newberne (81 N. Y., 385 ; S. C., 59 How., 218), that the supreme court of this state has jurisdiction of an action ex contractu, brought1 by a citizen of this state against a national bank located in another state, and that the provisions of the national banking act (U. S. R. S., sec. 5242), prohibiting the issuing of an attachment, injunction or execution against such an association, or its property before final judgment, applies only to an association which has become insolvent, or to one about to…