Curtis and Others v. . Leavitt

The question is again raised in this case, whether associations, under the general banking law of 1838, are subject to the provisions of the act "to prevent the insolvency of money corporations." (1 R.S., 589.) This point has been directly passed up by this court, in the cases of Gillett v. Moody (3Comst., 479); Talmage v. Pell (3 Seld., 328); andGillett v. Phillips (3 Kern., 114).

It is indispensable to the due administration of justice, especially by a court of last resort, that a point once deliberately examined and decided, be considered as settled, and closed to farther argument. The…