Legal Opinion
Farmers' & Merchants' Bank of Monroe v. Federal Reserve Bank of Richmond
District Court, W.D. North Carolina
Decided July 21, 1921PublishedCited by 2 opinions
Suit by the Farmers’ & Merchants’ Bank of Monroe, N. C., and others, against the Federal Reserve Bank of Richmond, Va., begun in the state court and removed by defendant to the United States District Court. On motion of plaintiffs to remand the cause to the state court.
1Opinion of the Court
WiEBB, District Judge.
This matter is before the court on motion of the plaintiffs to remand the action to the superior court of Union county, N. C. The speciñc relief demanded by the plaintiffs in their bill of complaint is the following:
“That the defendant, the Federal Reserve Bank of Richmond, its agents and servants, be permanently restrained and enjoined from carrying out their threat to refuse to accept exchange drawn by the plaintiffs on their reserve *236deposits, in payment of checks presented and to return such checks to the drawers thereof as dishonored, because plaintiffs have refused…
2Cases cited2 opinions
- Barry v. MerceinSupreme Court of the United States · 1847
- De Krafft v. BarneySupreme Court of the United States · 1863
3Cited by2 opinions
- National Lock Co. v. Chicago Regional Labor BoardDistrict Court, N.D. Illinois · 1934
- New York Life Ins. v. JonesDistrict Court, M.D. North Carolina · 1933