Legal Opinion
Baker, Watts & Co. v. Saxon
District Court, District of Columbia
Decided December 14, 1966No. Civ. A. 97-66PublishedCited by 20 opinions
1Opinion of the Court
OPINION
HOLTZOFF, District Judge.
The subject matter of this action relates to an aspect of the authority of commercial banks to underwrite and deal in securities issued by States and political subdivisions. This litigation presents an unusual situation in that two agencies of the Government, — the Federal Reserve System and the Comptroller of the Currency, — that administer the pertinent statutes adopt and apply divergent interpretations of a crucial provision. Consequently, the outcome of this lawsuit will not only constitute an adjudication of the rights of the parties, but will also effect…
2Cases cited7 opinions
- Massachusetts v. MellonSupreme Court of the United States · 1923
- Alabama Power Co. v. IckesSupreme Court of the United States · 1938
- City of Chicago v. Atchison, Topeka & Santa Fe Railway Co.Supreme Court of the United States · 1958
- Commercial State Bank of Roseville v. GidneyDistrict Court, District of Columbia · 1959
- National Bank of Detroit v. The Wayne Oakland Bank, Ray M. Gidney, Comptroller of the Currency v. The Wayne Oakland BankCourt of Appeals for the Sixth Circuit · 1958
2 more not listed; retrieve them via the Exa API.
3Cited by20 opinions
- Arnold Tours, Inc. v. William B. Camp, Comptroller of the Currency of the United States, South Shore National BankCourt of Appeals for the First Circuit · 1972
- Investment Company Institute v. CampDistrict Court, District of Columbia · 1967
- Saxon v. Georgia Ass'n of Independent Insurance Agents, Inc.Court of Appeals for the Fifth Circuit · 1968
- National Ass'n of Securities Dealers, Inc. v. Securities & Exchange CommissionCourt of Appeals for the D.C. Circuit · 1969
- Arnold Tours, Inc. v. William B. Camp, the Wingate Corporation v. Industerial National BankCourt of Appeals for the First Circuit · 1969
15 more not listed; retrieve them via the Exa API.