Van Reed v. People's National Bank of Lebanon
Supreme Court of the United States
ERROR TO THE COURT OF APPEALS OF THE STATE OF NEW YORK. The plaintiff, who was the owner of a claim against the defendant, the People’s National Bank of Lebanon, Pennsylvania, commenced an action in the State of New York by levying an attachment upon the funds of the defendant in that State, upon the ground that it was a foreign corporation.
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ERROR TO THE COURT OF APPEALS OF THE STATE OF NEW YORK. The plaintiff, who was the owner of a claim against the defendant, the People’s National Bank of Lebanon, Pennsylvania, commenced an action in the State of New York by levying an attachment upon the funds of the defendant in that State, upon the ground that it was a foreign corporation. The defendant, appearing specially, for that purpose, moved to have the attachment vacated upon the ground that it was prohibited by the Revised Statutes of the United States. - At special term the motion was denied; the Appellate Division reversed the…
1Opinion of the CourtJustice Day
We deem the answer to the first question already determined by the decision of this court in Pacific National Bank v. Mixter, 124 U. S. 721. The right of Congress to determine to what extent a state court shall- be permitted to entertain actions against national banks and how far these institutions shall be subject to state control, is undeniable. National banks are quasi-public institutions, and for the purpose for which they are instituted are national in their character, and, within com stitutional limits, are subject to the control of Congress and are not to be interfered with by state…
2Cases cited4 opinions
- Pacific National Bank v. MixterSupreme Court of the United States · 1888
- Petri v. Commercial Nat. Bank of ChicagoSupreme Court of the United States · 1892
- Earle v. PennsylvaniaSupreme Court of the United States · 1900
- Continental Nat. Bank of Memphis v. BufordSupreme Court of the United States · 1903
3Cited by54 opinions
- Anderson National Bank v. LuckettSupreme Court of the United States · 1944
- Mercantile Nat. Bank at Dallas v. LangdeauSupreme Court of the United States · 1963
- Federal Land Bank v. PriddySupreme Court of the United States · 1935
- Third Nat. Bank in Nashville v. Impac Limited, Inc.Supreme Court of the United States · 1977
- First National Bank v. Fellows Ex Rel. Union Trust Co.Supreme Court of the United States · 1917
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