National Bank of the Commonwealth v. Mechanics' National Bank
Supreme Court of the United States
Error to the Circuit Court of the United States for the Southern District of New York.
1Opinion of the CourtJustice Swayne
This suit was brought by the defendant in error as an original claimant, and as the assignee of other parties.
All the claims have a common origin, and involve the same, principle.
On the 22d of November, 1873, the Bank, of the Common wealth refused to pay .its circulating notes on demand, and became in default. The comptroller of the currency appointed a receiver, and the bank has since been in his hands. The Mechanics’ Bank and its assignors had funds on deposit. On the 24th of September, 1873, all the parties demanded payment. Nothing was paid. Instalments on account of the principal debts…
2Cases cited4 opinions
- United States v. KirkpatrickSupreme Court of the United States · 1824
- Aurora City v. WestSupreme Court of the United States · 1869
- Town of Genoa v. WoodruffSupreme Court of the United States · 1876
- Ward v. SackriderNew York Supreme Court · 1805
3Cited by120 opinions
- Billings v. United StatesSupreme Court of the United States · 1914
- Ames v. American National BankSupreme Court of Virginia · 1934
- Ticonic National Bank v. SpragueSupreme Court of the United States · 1938
- James Turner, and Cross-Appellee v. Japan Lines, Ltd., and Philippine President Lines Inc., Manila, and Cross-AppellantsCourt of Appeals for the Ninth Circuit · 1983
- Chemical Nat. Bank v. ArmstrongCourt of Appeals for the Sixth Circuit · 1893
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