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D'OENCH, DUHME & CO. v. F.D.I.C.

No. 206.

315 U.S. 447 (1942)

D'OENCH, DUHME & CO., INC. v. FEDERAL DEPOSIT INSURANCE CORPORATION.

Supreme Court of United States.

Decided March 2, 1942.

Attorney(s) appearing for the Case

Messrs. John W. Giesecke and Harold C. Ackert, with whom Mr. Franklin E. Reagan was on the brief, for petitioner.

Assistant Attorney General Shea, with whom Solicitor General Fahy and Messrs. Melvin H. Siegel, Paul A. Sweeney, Francis C. Brown, and James Kane were on the brief, for respondent.

MR. JUSTICE DOUGLAS delivered the opinion of the Court.

Respondent instituted this suit in the United States District Court for the Eastern Division of the Eastern District of Missouri on a demand note for $5000, executed by petitioner in 1933 and payable to the Belleville Bank & Trust Co., Belleville, Illinois. Respondent insured that bank January 1, 1934; and it acquired the...

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