FEDERAL RESERVE BANK v. EARLY

No. 2750.

30 F.2d 198 (1929)

FEDERAL RESERVE BANK OF RICHMOND v. EARLY.

Circuit Court of Appeals, Fourth Circuit.

January 14, 1929.


Attorney(s) appearing for the Case

Maxwell G. Wallace, of Richmond, Va., for appellant.

R. E. Whiting, of Columbia, S. C., for appellee.

George P. Barse, of Washington, D. C., for Comptroller of the Currency (F. G. Awalt, of Washington, D. C., on the brief), amicus curiæ.

Before PARKER and NORTHCOTT, Circuit Judges, and WILLIAM C. COLEMAN, District Judge.


PARKER, Circuit Judge.

This action was instituted in the court below by the receiver of the Farmers' & Merchants' Bank of Lake City, S. C., to recover of the Federal Reserve Bank of Richmond, Va., a reserve deposit balance of $22,088.48 alleged to be owing by the Reserve Bank to the Farmers' & Merchants' Bank at the time of the failure of the latter, and also to recover the sum of $4,115.15, being the surrender value, with accrued dividends, of 78 shares of...

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