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BANK OF CHINA v. WELLS FARGO BANK & U. T. CO.

No. 29287.

92 F.Supp. 920 (1950)

BANK OF CHINA v. WELLS FARGO BANK & UNION TRUST CO.

United States District Court N. D. California, S. D.

July 17, 1950.

Attorney(s) appearing for the Case

A. Crawford Greene, Morris M. Doyle, Owen Jameson, all of San Francisco, Cal., James B. Burke, New York City, McCutchen, Thomas, Matthew, Griffiths & Greene, San Francisco, Cal., Burke & Burke, New York City, of counsel, for plaintiff.

Dreyfus & McTernan, Benjamin Dreyfus, and Francis J. McTernan, Jr., all of San Francisco, Cal., Wolf, Popper, Ross & Wolf, Martin Popper, all of New York City, Robert W. Kenny, Los Angeles, Cal., attorneys seeking to be substituted as attorneys for plaintiff.

Heller, Ehrman, White & McAuliffe, Lloyd W. Dinkelspiel, Martin Minney, Jr., all of San Francisco, Cal., for defendant.

GOODMAN, District Judge.

For several years prior to the institution of this action on November 9, 1949, Bank of China, Shanghai was a depositor in defendant Wells Fargo Bank & Union Trust Co. It now has to its credit the sum of $626,860.07.

The Bank of China is a corporation established in 1912 under the laws of China. Two-thirds of its stock is held by the Government of China, and the remainder by Chinese nationals. It is governed by a board of 25 directors...

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