Legal Opinion

Huntington v. Savings Bank

Supreme Court of the United States

Decided April 15, 1878No. 241PublishedCited by 38 opinions

Appeal from the Supreme Court of the District of Columbia. This bill, for an account and a distribution' of profits, was filed by Fanny A. Huntington, administratrix, and Frank H. Gassaway, administrator, of William S. Huntington, deceased, against the-National Savings Bank of the District of Columbia, a corporation chartered by an act of Congress approved May 24, 1870 (16 Stat. 187), the provisions of which are stated in the opinion of the court.

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Appeal from the Supreme Court of the District of Columbia. This bill, for an account and a distribution' of profits, was filed by Fanny A. Huntington, administratrix, and Frank H. Gassaway, administrator, of William S. Huntington, deceased, against the-National Savings Bank of the District of Columbia, a corporation chartered by an act of Congress approved May 24, 1870 (16 Stat. 187), the provisions of which are stated in the opinion of the court. Shortly after the passage of the act, Huntington, and fifteen other persons named therein as corporators, met, organized, and elected the officers…

1Opinion of the CourtJustice Strong

delivered, the opinion of the court.

•• The bill of the complainants assumes that, as personal representatives of William S. Huntington,' deceased, they have an equitable ownership of one-sixteenth part of the franchises, property, and privileges of the defendant corporation, and that,’ as such representatives, they are entitled to call for- an account of the profits made, and to demand payment to them of one-sixteenth part of the value of the franchises and property, as well as profits. Whether this assumption is well founded or not, — whether the estate of their intestate has any pecuniary…

2Cited by38 opinions

  1. Mitchell v. BeckmanCalifornia Supreme Court · 1883
  2. In Re Peterson's EstateWashington Supreme Court · 1935
  3. Jemison v. Citizens' Savings Bank of JeffersonNew York Court of Appeals · 1890
  4. Hines v. Elkhart General HospitalDistrict Court, N.D. Indiana · 1979
  5. Spencer v. Hibernia BankCalifornia Court of Appeal · 1960

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