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SMITH v. KANSAS CITY TITLE & TRUST CO.

No. 199.

255 U.S. 180 (1921)

41 S.Ct. 243

65 L.Ed. 577

SMITH v. KANSAS CITY TITLE & TRUST COMPANY ET AL.

Supreme Court of United States.

Decided February 28, 1921.

Attorney(s) appearing for the Case

Mr. William Marshall Bullitt for appellant:

Mr. Frank Hagerman for appellant:

Mr. Charles E. Hughes for Federal Land Bank of Wichita, Kansas, appellee:

Mr. W.W. Willoughby filed a separate brief on behalf of the Federal Land Bank of Wichita, Kansas, appellee.

Mr. George W. Wickersham, with whom Mr. W.G. McAdoo was on the briefs, for First Joint Stock Land Bank of Chicago, appellee:

Mr. Justin D. Bowersock filed a brief on behalf of Kansas City Title & Trust Company, appellee.

The Solicitor General, Mr. W.G. McAdoo, Special Assistant to the Attorney General, and Mr. J.P. Cotton, by leave of court, filed a brief on behalf of the United States as amici curiae.1

MR. JUSTICE DAY delivered the opinion of the court.

A bill was filed in the United States District Court for the Western Division of the Western District of Missouri by a shareholder in the Kansas City Title & Trust Company to enjoin the Company, its officers, agents and employees from investing the funds of the Company in farm loan bonds issued by Federal Land Banks or Joint Stock Land Banks under authority of the Federal Farm Loan Act of July 17, 1916, c. 245...

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