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BRUNSWICK T. CO. v. NAT. BK. OF BALTIMORE

No. 88.

192 U.S. 386 (1904)

24 S.Ct. 314

48 L.Ed. 491

BRUNSWICK TERMINAL COMPANY v. NATIONAL BANK OF BALTIMORE.

Supreme Court of United States.

Decided February 23, 1904.

Attorney(s) appearing for the Case

Mr. Henry W. Williams and Mr. C.P. Goodyear, with whom Mr. W.E. Kay, Mr. H. Winslow Williams and Mr. William S. Thomas were on the brief, for appellants.

Mr. William L. Marbury, and Mr. Frank Gosnell, with whom Mr. Allan McLane was on the brief, for appellee.

MR. CHIEF JUSTICE FULLER, after making the foregoing statement, delivered the opinion of the court.

The Baltimore Bank was a national bank, and was not authorized to permanently invest any portion of its capital in the stock of other corporations, nor did it attempt to do so in this instance. The shares of stock of the Brunswick Bank were merely accepted as collateral to a note discounted by the Baltimore Bank. They stood, it is true, for a few weeks in the name of...

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