Manufacturers Trust Co. v. Ross

The Home Owners’ Loan Corporation is an instrumentality of the United States government and as such is not subject to judicial process except to the extent indicated in the statute creating it. (The Lake Monroe, 250 U. S. 246; Sloan Shipyards v. U. S. Fleet Corporation, 258 id. 549; Buchanan v. Alexander, 45 id. [4 How.] 20; Rosenstock v. City of New York, 101 App. Div. 9.) We find no intent to make the appellant respond to third-party orders in supplementary proceedings like the present. *293(See the discussions of the whole question in Federal Land Bank v. Priddy, 295 U. S. 229, and McCarthy v.…