Davis v. Elmira Savings Bank
Supreme Court of the United States
ERROR TO THE COURT OF APPEALS OF THE STATE OF NEW YORK. In March, 1893, the Elmira National Bank, a banking association organized under the laws of the United States, and doing business in the State of New York, suspended payment, and the Comptroller of the Currency of the United States appointed Charles Davis, plaintiff in error, the receiver thereof.
Read the full summary
ERROR TO THE COURT OF APPEALS OF THE STATE OF NEW YORK. In March, 1893, the Elmira National Bank, a banking association organized under the laws of the United States, and doing business in the State of New York, suspended payment, and the Comptroller of the Currency of the United States appointed Charles Davis, plaintiff in error, the receiver thereof. The Elmira Savings Bank, which was incorporated under the laws of the State of New York, from November, 1890, kept a deposit account with the Elmira National Bank, and at the time of the appointment of the receiver of the latter corporation…
1Opinion of the CourtJustice White
National banks are instrumentalities of the Federal government, created for a public purpose, and as such, necessarily subject to the paramount authority of. the United States. It follows that an attempt, by a State, to' define their duties or control the conduct of their affairs is absolutely void, wherever such attempted exercise of authority expressly conflicts with the laws of the United States, and either frustrates- the purpose of the national legislation or impairs the efficiency of these agencies of the Federal government to discharge the, duties, for the performance of which they…
2Cases cited5 opinions
- Scott v. ArmstrongSupreme Court of the United States · 1892
- Cook County National Bank v. United StatesSupreme Court of the United States · 1883
- Marine Bank v. Fulton BankSupreme Court of the United States · 1865
- National Bank v. ColbySupreme Court of the United States · 1875
- Scammon v. KimballSupreme Court of the United States · 1876
3Cited by274 opinions
- Watters v. Wachovia Bank, N. A.Supreme Court of the United States · 2007
- Burton v. United StatesSupreme Court of the United States · 1905
- Anderson National Bank v. LuckettSupreme Court of the United States · 1944
- Atherton v. Federal Deposit Insurance Corp.Supreme Court of the United States · 1997
- First National Bank in St. Louis v. MissouriSupreme Court of the United States · 1924
269 more not listed; retrieve them via the Exa API.