First Nat. Bank of Ottawa v. Converse
Supreme Court of the United States
ERROR TO THE CIRCUIT COURT OF THE UNITED STATES FOR THE NORTHERN DISTRICT OF ILLINOIS. For brevity, the plaintiff in error - will be hereafter referred to as the bank and the defendant in error as the receiver. The receiver commenced this action against the bank in the Circuit Court of_the United States for the Northern District of Illinois.
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ERROR TO THE CIRCUIT COURT OF THE UNITED STATES FOR THE NORTHERN DISTRICT OF ILLINOIS. For brevity, the plaintiff in error - will be hereafter referred to as the bank and the defendant in error as the receiver. The receiver commenced this action against the bank in the Circuit Court of_the United States for the Northern District of Illinois. The object of the action was to.recover from the bank, as the owner of 274 shares of preferred stock in’ the Minnesota Thresher Manufacturing Company, the amount of an assessment of eighteen dollars per share, levied uppn said stock for the payment of the…
1Opinion of the CourtJustice White
The questions principally discussed at bar relate to the alleged repugnancy to the Constitution of the United States of the Minnesota law of 1899, by virtue of which the receiver *434asserted his power and authority to sue- in a coúrt of another jurisdiction than that’of Minnesota to enforce the assessment made by the court of -Minnesota on the stockholders of the thresher company. But antecedent to that question we must, consider and dispose of the propositions arising from the tenth ground of the demurrer, that is, that under the averments of the bill there was no liability on- the bank, as the…
2Cases cited5 opinions
- California Bank v. KennedySupreme Court of the United States · 1897
- National Bank v. CaseSupreme Court of the United States · 1879
- Logan County National Bank v. TownsendSupreme Court of the United States · 1891
- First Nat. Bank of Charlotte v. National Exchange Bank of BaltimoreSupreme Court of the United States · 1876
- De La Vergne Refrigerating MacHine Co. v. German Savings InstitutionSupreme Court of the United States · 1899
3Cited by52 opinions
- Bernheimer v. ConverseSupreme Court of the United States · 1907
- Golden v. CervenkaIllinois Supreme Court · 1917
- Michelsen v. PenneyCourt of Appeals for the Second Circuit · 1943
- Awotin v. Atlas Exchange Nat. Bank of ChicagoSupreme Court of the United States · 1935
- Atherton v. AndersonCourt of Appeals for the Sixth Circuit · 1936
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