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FEDERAL BANK v. MITCHELL

No. 456.

277 U.S. 213 (1928)

48 S.Ct. 449

72 L.Ed. 854

FEDERAL INTERMEDIATE CREDIT BANK OF COLUMBIA, SOUTH CAROLINA, v. MITCHELL ET AL.

Supreme Court of United States.

Decided May 14, 1928.

Attorney(s) appearing for the Case

Mr. D.W. Robinson, with whom Messrs. R.H. Welch and Randolph Murdaugh were on the briefs, for petitioner.

Mr. George L. Buist, with whom Mr. Wm. J. Thomas was on the brief, for respondents.

MR. JUSTICE BUTLER delivered the opinion of the Court.

Petitioner is a Federal Intermediate Credit Bank chartered under an Act of March 4, 1923, c. 252, 42 Stat. 1454. All its capital stock is owned by the United States. It sued in the federal court for the eastern district of South Carolina to recover more than $3,000.00 claimed on certain promissory notes. The bank is located at Columbia in that State. The defendants were citizens of the State and residents within...

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