Legal Opinion

Furman v. Nichol

Supreme Court of the United States

Decided November 18, 1869PublishedCited by 32 opinions

Error to the Supreme Court of Tennessee, the case being this: In 1888 the legislature of Tennessee chartered a bank, enacting as follows : “ A bank shall be, and is hereby established in the name dnf for the benefit of the State, to bo known under the name and style of ‘The Bank of Tennessee/ and the faith and credit of the State are hereby pledged for the support of said bank.”

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Error to the Supreme Court of Tennessee, the case being this: In 1888 the legislature of Tennessee chartered a bank, enacting as follows : “ A bank shall be, and is hereby established in the name dnf for the benefit of the State, to bo known under the name and style of ‘The Bank of Tennessee/ and the faith and credit of the State are hereby pledged for the support of said bank.” The capital of the bank, which was five million dollars, consisted chiefly of the school fund of the State and of surplus revenue of the Federal government. The deficiency was to be made up by funds raised on the…

1Opinion of the CourtJustice Dayis

The main question involved in this suit is of more importaiice than difficulty.; but before we proceed to discuss it, it is necessary to consider the point of jurisdiction which is raised by the defendant in error. The circumstances under which this court is -authorized to review the decisions of State tribunals has been so often considered and decided, that there is hardly anything left to do, but to apply the already well-settled legal principles which govern this class of cases, to a particular record, in order to decide, whether or not we have jurisdiction to hear and determine the matter…

2Cited by32 opinions

  1. Spencer v. MerchantSupreme Court of the United States · 1888
  2. New York Ex Rel. Bryant v. ZimmermanSupreme Court of the United States · 1928
  3. Pearsall v. Great Northern Railway Co.Supreme Court of the United States · 1896
  4. Cope v. CopeSupreme Court of the United States · 1891
  5. Yazoo & Mississippi Valley Railway Co. v. AdamsSupreme Court of the United States · 1901

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