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BANK OF OXFORD v. LOVE

No. 9.

250 U.S. 603 (1919)

40 S.Ct. 22

63 L.Ed. 1165

BANK OF OXFORD ET AL. v. LOVE ET AL., BANK EXAMINERS OF THE STATE OF MISSISSIPPI.

Supreme Court of United States.

Decided November 10, 1919.

Attorney(s) appearing for the Case

Mr. Thos. A. Evans, with whom Mr. Geo. D. Lancaster, Mr. B.L. Mayes and Mr. Jas. Stone were on the brief, for plaintiffs in error.

Mr. Earle N. Floyd, Assistant Attorney General of the State of Mississippi, with whom Mr. Ross A. Collins, Attorney General of the State of Mississippi, and Mr. Robert H. Thompson were on the brief, for defendants in error.

MR. JUSTICE McREYNOLDS delivered the opinion of the court.

A special act of the Mississippi Legislature, approved March, 1872, incorporated the Bank of Oxford and authorized it to "exercise the privilege appertaining to a general banking, exchange and brokerage business, with all the power of a body corporate." Section IV declares: "That the business of said bank shall be confided to and controlled by its stockholders under such rules of laws and regulations as said...

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