McDONALD, RECEIVER, v. CHEMICAL NAT'L BANK

No. 242.

174 U.S. 610 (1899)

19 S.Ct. 787

43 L.Ed. 1106

McDONALD, Receiver, v. CHEMICAL NATIONAL BANK.

Supreme Court of United States.

Decided May 22, 1899.


Attorney(s) appearing for the Case

Mr. Edward Winslow Paige for appellant.

Mr. George H. Yeaman for appellee. Mr. George C. Kobbé was on his brief.


MR. JUSTICE SHIRAS, after stating the case, delivered the opinion of the court.

The Capital National Bank of Lincoln, Nebraska, was organized as a banking association under the laws of the United States in June, 1884, and continued to transact the usual and ordinary business of a national bank up to the close of banking hours on January 21, 1893. On January 22, 1893, a bank examiner took possession, and thereafter, about February 6, 1893, a receiver was duly appointed...

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