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REPUBLIC OF CHINA v. NATIONAL CITY BANK OF NEW YORK

No. 44, Docket 22773.

208 F.2d 627 (1953)

REPUBLIC OF CHINA et al. v. NATIONAL CITY BANK OF NEW YORK.

United States Court of Appeals Second Circuit.

Decided December 8, 1953.

Attorney(s) appearing for the Case

Kirlin, Campbell & Keating, New York City (Cletus Keating, New York City, Robert E. Kline, Jr., Washington, D. C., and Louis J. Gusmano, New York City, of counsel), for Republic of China.

Shearman & Sterling & Wright, New York City (Chauncey B. Garver and W. Harvey Reeves, New York City, of counsel), for National City Bank of New York.

Before SWAN, FRANK and MEDINA, Circuit Judges.

FRANK, Circuit Judge.

The plaintiffs, the Republic of China (with its National Government now located in Formosa) and others, brought this suit under section 25(b) of the Federal Reserve Act, 12 U.S.C.A. § 632, to recover $200,000 which, according to the complaint, was deposited with the defendant bank and which defendant refuses to pay. The complaint alleges that the deposit was made by plaintiff, the Shanghai-Nanking Railway Administration, an agency of the...

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