Peoples Bank v. Eccles
Court of Appeals for the D.C. Circuit
1Opinion of the Court
*637WILBUR K. MILLER, Associate Justice.
The principal question in this case is whether a drastically restrictive condition upon a state bank’s membership in the Federal Reserve System was validly imposed by the Board of Governors of the System. A secondary question is whether the state member bank is prevented by waiver or by estoppel from challenging the validity of the condition.
The Peoples Bank of Lakewood Village, California, was incorporated in 1941 under the laws of that state, after the State Superintendent of Banks had found that public convenience and advantage would be promoted by its…
2Cases cited13 opinions
- Manhattan General Equipment Co. v. Commissioner of Internal RevenueSupreme Court of the United States · 1936
- Miller v. United StatesSupreme Court of the United States · 1935
- United Fuel Gas Co. v. Railroad CommissionSupreme Court of the United States · 1929
- International Railway Co. v. DavidsonSupreme Court of the United States · 1922
- Wall v. Parrot Silver & Copper Co.Supreme Court of the United States · 1917
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3Cited by17 opinions
- Eccles v. Peoples Bank of Lakewood VillageSupreme Court of the United States · 1948
- Functional Music, Inc. v. Federal Communications Commission, Functional Music, Inc. v. United States of America, Federal Communications CommissionCourt of Appeals for the D.C. Circuit · 1959
- Oscar J. Marshall v. Isthmian Lines, Inc.Court of Appeals for the Fifth Circuit · 1964
- Standard Airlines, Inc. v. Civil Aeronautics BoardCourt of Appeals for the D.C. Circuit · 1949
- Alyeska Pipeline Service Co. v. United StatesUnited States Court of Claims · 1980
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