Petri v. Commercial Nat. Bank of Chicago
Supreme Court of the United States
ERROR TO THE CIRCUIT COURT OF THE UNITED STATES FOR THE NORTHERN DISTRICT OF TEXAS. The court stated the case as follows:. The Commercial National Bank of Chicago, a national banking association, duly organized under the laws of the United States in that behalf, and located in Illinois, brought suit, May 6, 1890, in the Circuit Court of the United States for the Northern District of Texas, against A. C. Petri and Oswald Petri, citizens of the State of.
Read the full summary
ERROR TO THE CIRCUIT COURT OF THE UNITED STATES FOR THE NORTHERN DISTRICT OF TEXAS. The court stated the case as follows:. The Commercial National Bank of Chicago, a national banking association, duly organized under the laws of the United States in that behalf, and located in Illinois, brought suit, May 6, 1890, in the Circuit Court of the United States for the Northern District of Texas, against A. C. Petri and Oswald Petri, citizens of the State of. Texas, and doing business in that State under the firm name and style of A. C. Petri & Brother, to recover the amount of several drafts, held…
1Opinion of the CourtChief Justice Fuller
The question is whether a national bank located in one State may bring suit against a citizen of another State in the Circuit Court of the United States for the district wherein the defendant resides, by reason alone of diverse citizenship.
National banks are empowered to sue and be sued, complain and defend, in any court of law and equity as fully as natural persons. Rev. Stat. § 5136. The first national banking act, that of February 25, 1863, 12 Stat. c. 58, 665, 681, provided in § 59 that suits by and against banks organized thereunder might be brought in any “ circuit, district or…
2Cases cited5 opinions
- Osborn v. Bank of United StatesSupreme Court of the United States · 1824
- Market Co. v. HoffmanSupreme Court of the United States · 1879
- Lessee of Brewer v. BlougherSupreme Court of the United States · 1840
- Leather Manufacturers' Bank v. CooperSupreme Court of the United States · 1887
- Whittemore v. Amoskeag National BankSupreme Court of the United States · 1890
3Cited by63 opinions
- United States v. Trans-Missouri Freight Assn.Supreme Court of the United States · 1897
- Wachovia Bank, National Ass'n v. SchmidtSupreme Court of the United States · 2006
- Guthrie v. HarknessSupreme Court of the United States · 1905
- Coal & Coke Ry. Co. v. ConleyWest Virginia Supreme Court · 1910
- Buffum v. Chase Nat. Bank of City of New YorkCourt of Appeals for the Seventh Circuit · 1951
58 more not listed; retrieve them via the Exa API.