Easton v. Iowa
Supreme Court of the United States
EEEOE TO THE SUPEEME COUET OF THE STATE OF IOWA. In 1899, in the District Cou.rt or Wenneshiek County, State of Iowa, James H. Easton, who had been previously indicted, was tried, found guilty, and. sentenced to imprisonment in the . penitentiary of Iowa at hard labor for a term of five years, under the provisions of a statute of that State, for the offence of having received, as president of the First National Bank of De-corah, Iowa, a deposit of one hundred dollars in…
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EEEOE TO THE SUPEEME COUET OF THE STATE OF IOWA. In 1899, in the District Cou.rt or Wenneshiek County, State of Iowa, James H. Easton, who had been previously indicted, was tried, found guilty, and. sentenced to imprisonment in the . penitentiary of Iowa at hard labor for a term of five years, under the provisions of a statute of that State, for the offence of having received, as president of the First National Bank of De-corah, Iowa, a deposit of one hundred dollars in money in said bank, at a time when the bank was insolvent and -when such insolvency was known to the defendant. At the trial…
1Opinion of the Court
Mb. JustiCe Suibas,
after making the foregoing statement, delivered the opinion of the court.
Those portions of the Iowa statute whose validity is the question in this case consist of sections 1884 and 1885 of the code of that State, and are in the following terms:
“ Sec. 1884. No bank, banking house, exchange broker, deposit office, firm, company*,corporation, or person engaged in the banking, brokerage, exchange or deposit business, shall, when insolvent, accept or receive on deposit, with or without interest, any money, bank bills or notes, United States Treasury notes or currency, or other…
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