Federal Reserve Bank v. Webster

GRUBB, District Judge.

This suit was instituted by the plaintiff to recover the contents of certain warrants exceeding the jurisdictional amount, issued by the defendant to the order of divers and sundry citizens of the state of Texas and by them assigned to the plaintiff.

The defendant contends that this court is without jurisdiction of the suit. It bases that contention upon the existence of that part of the first paragraph of section 24 of the Judicial Code (Comp. St. § 991) which reads:

“No District Court shall have cognizance of any suit (except upon foreign bills of exchange) to recover…