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OKLAHOMA NAT. BANK v. RECONSTRUCTION FINANCE CORP.

Civ. A. No. 4717.

127 F.Supp. 156 (1951)

OKLAHOMA NATIONAL BANK, a National Banking Association, Plaintiff, v. RECONSTRUCTION FINANCE CORPORATION, a corporation, Defendant.

United States District Court, W. D. Oklahoma.

November 15, 1951.

Attorney(s) appearing for the Case

Luther Bohanon, Herman Merson, Oklahoma City, Okl., for plaintiff.

Jack T. Conn, Kerr, Lambert, Conn & Roberts, Ada, Okl., for defendant.

CHANDLER, District Judge.

This case arises under the Reconstruction Finance Corporation Act, 47 Stat. 5, as amended, 15 U.S.C.A. § 601 et seq.

The issue is whether interpretation of the Blanket Participation Agreement entered into between the Oklahoma National Bank, hereinafter called the bank, and the Reconstruction Finance Corporation, hereinafter called the RFC, requires knowledge on the part of a bank that any part of the funds loaned by it pursuant...

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