GUARANTY TRUST CO. v. U.S.

No. 566.

304 U.S. 126 (1938)

GUARANTY TRUST CO. v. UNITED STATES.

Supreme Court of United States.

Decided April 25, 1938.


Attorney(s) appearing for the Case

Mr. John W. Davis, with whom Mr. Ralph M. Carson was on the brief, for petitioner.

Assistant Attorney General Whitaker, with whom Solicitor General Jackson, and Messrs. David E. Hudson, Paul A. Sweeney, and Edward J. Ennis were on the brief, for the United States.


MR. JUSTICE STONE delivered the opinion of the Court.

The principal questions for decision are whether, in a suit at law brought in a federal district court to recover the deposit of a foreign government with a New York bank, such government is subject to the local statute of limitations as are private litigants; and, if so, whether the assignment of November 16, 1933, by the Russian Soviet Government to the United States...

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