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AKTIEBOLAGET SVENSKA HANDELSBANKEN v. CHASE NAT. BANK

69 F.Supp. 833 (1947)

AKTIEBOLAGET SVENSKA HANDELSBANKEN v. CHASE NAT. BANK OF NEW YORK CITY.

District Court, S. D. New York.

January 30, 1947.

Attorney(s) appearing for the Case

Shearman & Sterling & Wright, of New York City, (Henry Harfield, of New York City, of counsel), for plaintiff.

Milbank, Tweed, Hope, Hadley & McCloy, of New York City, (William M. Evarts and Albert Edelman, both of New York City, of counsel), for defendant.

RIFKIND, District Judge.

Plaintiff moves to remand this cause to the state court from which it had been removed at the instance of the defendant. The motion brings up for consideration the construction of Section 25(b) of the Federal Reserve Act, 12 U.S.C.A. § 632, which in part provides that defendant "may, at any time before the trial thereof, remove such suits1 from a State court into

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