Legal Opinion
William H. Ellis v. State National Bank of Alabama, the American National Bank of Gadsden v. Central Bank and Trust Company
Court of Appeals for the Fifth Circuit
Decided December 29, 1970No. 28452PublishedCited by 7 opinions
1Opinion of the Court
SIMPSON, Circuit Judge:
State National Bank of Alabama (State National) is a national banking association organized under the laws of the United States with its principal place of business in Decatur, Alabama. Central Bank and Trust Company (Central) is a state banking corporation organized under the laws of the State of Alabama with its principal office in Birmingham, Alabama. This litigation was generated when the banks sought to merge State National with Central under Central’s state charter.
William Ellis, a stockholder of State National, brought a shareholder’s derivative suit seeking to…
2Cases cited7 opinions
- First National Bank in Plant City v. DickinsonSupreme Court of the United States · 1969
- Alabama Power Co. v. McNinchCourt of Appeals for the D.C. Circuit · 1937
- Commissioner of Internal Revenue v. Mary Archer W. Morris Trust, North Carolina National Bank, TrusteeCourt of Appeals for the Fourth Circuit · 1966
- State v. Atlantic Coast Line R. Co.Supreme Court of Alabama · 1918
- Alabama, T. & N. Ry. v. TolmanSupreme Court of Alabama · 1917
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3Cited by7 opinions
- JMCB, LLC v. Bd. of CommerceDistrict Court, M.D. Louisiana · 2018
- Farmer v. Hypo Holdings, Inc.Supreme Court of Alabama · 1996
- Cantrell v. Walker Builders, Inc.Court of Civil Appeals of Alabama · 1996
- First Union National Bank v. Quality Carriers Inc., Pennsylvania Court of Common Pleas, Philadelphia County2000
- State of Colorado, Ex Rel. Colorado State Banking Board Independent Bankers of Colorado, a Non-Profit Corporation v. Resolution Trust Corporation, an Agency of the United States Federal Deposit Insurance Corporation, an Agency of the United States and Robert L. Clarke, in His Official Capacity as the Comptroller of the Currency of the United States, Conference of State Bank Supervisors Independent Bankers Association of America, Amicus Curiae. State of Colorado, Ex Rel. Colorado State Banking Board Independent Bankers of Colorado, a Non-Profit Corporation v. Resolution Trust Corporation, an Agency of the United States Federal Deposit Insurance Corporation, an Agency of the United States, and Robert L. Clarke, in His Official Capacity as the Comptroller of the Currency of the United States, Conference of State Bank Supervisors Independent Bankers Association of America, Amicus Curiae. Independent Community Bankers Association of New Mexico, a Non-Profit New Mexico Corporation the State of New Mexico, the Financial Institutions Division, Plaintiff-Intervenor-Appellant v. Resolution Trust Corporation, an Agency of the United States Federal Deposit Insurance Corporation, an Agency of the United States and Robert L. Clarke, in Official Capacity as Comptroller of the Currency of the United States, State of Colorado Independent Bankers of Colorado, a Colorado Non-Profit Corporation Conference of State Bank Supervisors Independent Bankers Association of America, Amicus CuriaeCourt of Appeals for the Tenth Circuit · 1991
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