Case v. Bank
Supreme Court of the United States
Error to tbe Circuit Court of tbe United States for tbe District of Louisiana. This is an action by tbe Citizens’ Bank of Louisiana against Frank F. Case, receiver of the Crescent City National Bank, to recover damages for an alleged refusal on tbe part of tbe latter bank to permit a transfer of two hundred and twenty shares of its capital stock.
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Error to tbe Circuit Court of tbe United States for tbe District of Louisiana. This is an action by tbe Citizens’ Bank of Louisiana against Frank F. Case, receiver of the Crescent City National Bank, to recover damages for an alleged refusal on tbe part of tbe latter bank to permit a transfer of two hundred and twenty shares of its capital stock. Tbe petition, which was filed Feb. 24, 1876, alleges, in substance, that the shares were pledged to the Citizens’ Bank by Lizardi & Co., to secure the payment of their note to it for $20,000 ; that the act of pledge contained an authority to the…
1Opinion of the CourtJustice Clifford
Associations formed under the act to provide a national currency are required to enter into articles of agreement, specifying the object of the association ; and the articles may contain other regulations, not inconsistent with the act which the association may see fit to adopt for the conduct of their business and affairs. Such an association may make contracts, sue and be sued, and complain and defend in any court of law or equity as fully as natural persons. They may also elect directors; and the board of directors may appoint a president, vice-president, cashier, and other officers, and…
2Cases cited4 opinions
- MINOR v. the Mechanics Bank of AlexandriaSupreme Court of the United States · 1828
- Ware F. M. C. v. Barataria & Lafourche Canal Co.Supreme Court of Louisiana · 1840
- Franklin Bank v. StewardSupreme Judicial Court of Maine · 1853
- Knight v. Old Nat. BankU.S. Circuit Court for the District of Rhode Island · 1871
3Cited by35 opinions
- National Bank v. Watsontown BankSupreme Court of the United States · 1882
- Merchants' National Bank v. Citizens' Gas Light Co.Massachusetts Supreme Judicial Court · 1893
- Jennings v. Bank of CaliforniaCalifornia Supreme Court · 1889
- St. Romes v. Levee Steam Cotton Press Co.Supreme Court of the United States · 1888
- McNeil v. Boston Chamber of CommerceMassachusetts Supreme Judicial Court · 1891
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