Farish v. State Banking Bd. of Okla.
Supreme Court of the United States
appeals prom the district court op the united states • POR THE EASTERN DISTRICT OP OKLAHOMA. The facts, which involve the claims of depositors in certain Oklahoma banks and the application of the Eleventh Amendment to suits in the Federal court to compel the members of the State Banking Board of Oklahoma to make payments from and distribute the Depositors’ Guaranty Fund, and also the question of whether the State consented to be sued, are stated in the opinion.
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appeals prom the district court op the united states • POR THE EASTERN DISTRICT OP OKLAHOMA. The facts, which involve the claims of depositors in certain Oklahoma banks and the application of the Eleventh Amendment to suits in the Federal court to compel the members of the State Banking Board of Oklahoma to make payments from and distribute the Depositors’ Guaranty Fund, and also the question of whether the State consented to be sued, are stated in the opinion. The Banking Board does not represent the State of Oklahoma in true governmental capacity and therefore is not within the exemption…
1Opinion of the CourtJustice McKenna
Suit in equity brought by appellant against the State Banking Board and the Bank Commissioner of the State of Oklahoma, the Oklahoma Trust Company, the Alamo State Bank, the McNerney Company, corporations, and one P. J. McNerney. Later the Union State Bank, another .corporation, was made a defendant. The object of the suit was to compel the Banking Board to pay appellant, as an equitable depositor of the Oklahoma Trust Company, a failed banking institution, the sum of $25,351.63. Another object was subrogation to and the establishment and enforcement of liens in the amount of $61,252.40 upon…
Also in this document: Dissent.
2Cases cited1 opinion
- Gunter v. Atlantic Coast Line RailroadSupreme Court of the United States · 1906
3Cited by19 opinions
- Ford Motor Co. v. Department of TreasurySupreme Court of the United States · 1945
- Great Northern Life Insurance Co. v. ReadSupreme Court of the United States · 1944
- O'CONNOR v. SlakerCourt of Appeals for the Eighth Circuit · 1927
- Lankford, State Bank Com'r v. SchroederSupreme Court of Oklahoma · 1915
- American State Bank v. WilsonSupreme Court of Kansas · 1922
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