Pascagoula Nat. Bank v. Federal Reserve Bank of Atlanta

SIBLEY, District Judge.

The handling oí! checks between Federal Reserve Banks and nonmember banks of the Reserve system was dealt with in American Trust & Banking Co. v. Federal Reserve Bank of Atlanta, 256 U. S. 350, 41 S. Ct. 499, 65 L. Ed. 983; American Trust & Banking Co. v. Federal Reserve Bank of Atlanta, 262 U. S. 643, 43 S. Ct. 649, 67 L. Ed. 1153; and in Farmers’ & Merchants’ Bank of Monroe v. Federal Reserve Bank of Richmond, 262 U. 8. 649, 43 S. Ct. 651, 67 L. Ed. 1157, 30 A. L. R. 635. The present ease involves the handling of cheeks between the Federal Reserve Bank and one of its…