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FEDERAL DEPOSIT INS. CORPORATION v. WINTON

Nos. 24, 8.

41 F.Supp. 141 (1941)

FEDERAL DEPOSIT INS. CORPORATION v. WINTON et al.

District Court, E. D. Tennessee, Winchester Division.

Motion for New Trial Denied October 15, 1941.

Attorney(s) appearing for the Case

J. Roy Hickerson, of Winchester, Tenn., and W. J. Price, of Washington, D. C., for plaintiff.

Chester C. Chattin, of Winchester, Tenn., for defendants.

DARR, District Judge.

The facts and the procedure justify a compliance with the request that the court declare a construction of a portion of the Banking Act of 1935, 49 Stat. 684, Section 12B of the Federal Reserve Act, as amended, 12 U.S.C.A. § 264, being that portion which is commonly known as the Federal Deposit Insurance Law.

The Home Bank and Trust Company of Winchester, Tennessee, prior to April 1, 1938, was an insured bank under provisions of...

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