Legal Opinion
Greathouse v. Yakima Valley Bank & Trust Co.
Washington Supreme Court
Decided July 9, 1940No. 27660PublishedCited by 1 opinion
1Opinion of the CourtRobinson, J.
On March 1, 1933, at a time when many banks were in a precarious condition, the legislature enacted, as an emergency measure, the bank stabilization act (Laws of 1933, chapter 49, p. 278, Rem. Rev. Stat. (Sup.), § 3293-1 [P. C. §412-31] et seq.). Sections 2, 3 and 4 of the act, pp. 278, 279 (Rem. Rev. Stat. (Sup.), §§ 3293-2, 3293-3, 3293-4 [P. C. §§ 412-32, 412-33, 412-34]), empowered the supervisor of banking to authorize partial and temporary freezing of deposits. Reorganization was authorized by the next section:
Sec. 5, p. 279. “At the request of the directors of a bank, the supervisor…
2Cases cited15 opinions
- Coombes v. GetzSupreme Court of the United States · 1932
- Ettor v. City of TacomaSupreme Court of the United States · 1913
- Doty v. LoveSupreme Court of the United States · 1935
- Dunn v. LoveMississippi Supreme Court · 1934
- Shepherd v. Mount Vernon Trust Co.New York Court of Appeals · 1935
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3Cited by1 opinion
- In re Pers. Restraint of McWilliamsWashington Supreme Court · 2014