WASHINGTON LOAN & TRUST CO. v. ALLMAN

No. 6081.

70 F.2d 282 (1934)

WASHINGTON LOAN & TRUST CO. v. ALLMAN.

Court of Appeals of the District of Columbia.

Decided March 5, 1934.

Rehearing Denied March 26, 1934.


Attorney(s) appearing for the Case

Arthur Peter, Charles V. Imlay, and Vinson L. Smathers, all of Washington, D. C., for appellant.

Edward F. Colladay and Joseph C. McGarraghy, both of Washington, D. C., for appellee.

W. W. Millan, William E. Richardson, and Milton D. Campbell, all of Washington, D. C., amici curiæ.

Before MARTIN, Chief Justice, and ROBB, VAN ORSDEL, HITZ, and GRONER, Associate Justices.


GRONER, Associate Justice.

The Departmental Bank was incorporated under the laws of Arizona in August, 1920. Its charter allowed it to do business within or without that state. Immediately after its incorporation it established a banking house in Washington City, and continuously thereafter did business there and nowhere else. In July, 1932, the Comptroller of Currency, having determined the bank was insolvent, took possession, appointed appellee as receiver, and...

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