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CITIZENS BANKING CO. v. MONTICELLO STATE BANK

Civil Action No. 55.

49 F.Supp. 1016 (1943)

CITIZENS BANKING CO. et al. v. MONTICELLO STATE BANK.

District Court, N. D. Iowa, Cedar Rapids Division.

April 20, 1943.

Attorney(s) appearing for the Case

Grimm, Elliott, Shuttleworth & Ingersoll, of Cedar Rapids, Iowa, and Spieth, Taggart, Spring & Annat, of Cleveland, Ohio (H. K. Bell, of Cleveland, Ohio, of counsel), for plaintiffs.

Carl H. Lambach, of Davenport, Iowa and R. S. Milner, of Cedar Rapids, Iowa for defendant.

SCOTT, District Judge.

This is a suit brought by twelve banking corporations, seven are Ohio banks, two are Michigan banks, and three are Minnesota banks, against the Monticello State Bank of Monticello, Iowa, an Iowa corporation. Jurisdiction is based upon diversity of citizenship and an amount in controversy alleged to be in excess of $3,000, exclusive of interest and costs. The requisite diversity of citizenship appears. The action is in form a class suit. The...

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