Legal Opinion

Metropolitan Lumber Co. v. Fordham Nat. Bank

New Jersey Court of Chancery

Decided May 9, 1928PublishedCited by 2 opinions

1Opinion of the Court

This is a motion to restrain the defendant Fordham National Bank of New York from exercising its rights in a mortgage made to it, and covering an assignment of rents.

The motion is opposed, first, because the United States statutes prohibit a state court from issuing an injunction before final decree.

United States code annotated "Banks and Banking" §§ 91 R.,5242, provides as follows:

"* * * and no attachment, injunction or execution shall be issued against such association or its property before final judgment in any suit, action or proceeding, in any state, county or municipal court."

This…

2Cases cited8 opinions

  1. Pacific National Bank v. MixterSupreme Court of the United States · 1888
  2. Van Reed v. People's National Bank of LebanonSupreme Court of the United States · 1905
  3. Freeman Manufacturing Co. v. National BankMassachusetts Supreme Judicial Court · 1894
  4. Meyer v. First National Bank of Coeur d'AleneIdaho Supreme Court · 1904
  5. American National Bank v. DureSupreme Court of Georgia · 1918

3 more not listed; retrieve them via the Exa API.

3Cited by2 opinions

  1. Impac Ltd. v. Third National BankTennessee Supreme Court · 1976
  2. Bachman v. First-Mechanics National BankNew Jersey Court of Chancery · 1947

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