PEOPLE v. FRANKLIN NAT. BANK OF FRANKLIN SQUARE


305 N.Y. 453 (1953)

The People of the State of New York, Respondent, v. Franklin National Bank of Franklin Square, Appellant.

Court of Appeals of the State of New York.

Decided July 14, 1953


Attorney(s) appearing for the Case

Charles P. Grimes, Sidney Friedman and Herbert Dannett for appellant.

Peter Keber and Theodore G. Metzger for New York State Bankers Association, amicus curiæ, in support of appellant's position.

Nathaniel L. Goldstein, Attorney-General (Daniel M. Cohen and Wendell P. Brown of counsel), for respondent.

LEWIS, Ch. J., CONWAY, DYE and VAN VOORHIS, JJ., concur with DESMOND, J.; FULD, J., dissents in opinion in which FROESSEL, J., concurs.


DESMOND, J.

Defendant is a national bank, organized under the National Bank Act (U. S. Code, tit. 12, § 21 et seq.). Pursuant to authorization by the Comptroller of the Currency, it transacts banking business in the village of Franklin Square, Nassau County, New York. In this suit, brought by the State because of alleged violations by defendant of subdivision 1 of section 258 of the New York Banking...

Let's get started

Leagle.com

Welcome to the leading source of independent legal reporting
Sign on now to see your case.
Or view more than 10 million decisions and orders.

  • Updated daily.
  • Uncompromising quality.
  • Complete, Accurate, Current.

Listed below are the cases that are cited in this Featured Case. Click the citation to see the full text of the cited case. Citations are also linked in the body of the Featured Case.

Cited Cases

  • No Cases Found

Listed below are those cases in which this Featured Case is cited. Click on the case name to see the full text of the citing case.

Citing Cases