WILHOIT v. FEDERAL DEPOSIT INS. CORPORATION

No. 9544.

143 F.2d 14 (1943)

WILHOIT v. FEDERAL DEPOSIT INS. CORPORATION.

Circuit Court of Appeals, Sixth Circuit.

November 29, 1943.


Attorney(s) appearing for the Case

Jesse K. Lewis, of Frankfort, Ky. (Hubert Meredith and Jesse K. Lewis, both of Frankfort, Ky., on the brief), for appellant.

Gavin H. Cochran, of Louisville, Ky., and James M. Kane, of Chicago, Ill. (Peter, Heyburn & Marshall and Gavin H. Cochran, all of Louisville, Ky., and Francis C. Brown, of Washington, D.C., on the brief), for appellee.

Before HICKS, SIMONS, and ALLEN, Circuit Judges.


ALLEN, Circuit Judge.

The principal question involved in this appeal is whether under Title 12, U.S.C. § 264, 12 U.S.C.A. § 264, the Federal Deposit Insurance Corporation (hereinafter called the Corporation) is entitled to receive interest for payments made by it to the depositors in an insured state bank. The action was for declaratory judgment, and the District Court held that it was the duty of appellant, the Director of Banking of the Commonwealth of...

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