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BANK OF AMERICA v. PARNELL

No. 21.

352 U.S. 29 (1956)

77 S.Ct. 119

1 L.Ed.2d 93

BANK OF AMERICA NATIONAL TRUST & SAVINGS ASSOCIATION v. PARNELL.

Supreme Court of United States.

Decided November 13, 1956.

Attorney(s) appearing for the Case

Erwin N. Griswold argued the cause for petitioner. With him on the brief were Robert L. Kirkpatrick and John G. Buchanan.

Edward Dumbauld argued the cause and filed a brief for respondent in No. 21.

Harvey A. Miller, Jr. argued the cause for respondent in No.22. With him on the brief were Harvey A. Miller and J. Lee Miller.

MR. JUSTICE FRANKFURTER delivered the opinion of the Court.

Petitioner, alleging diversity of citizenship, brought suit in the District Court for the Western District of Pennsylvania alleging that in September and October 1948 two individual defendants, Parnell and Rocco, and two corporate defendants, the First National Bank in Indiana and the Federal Reserve Bank of Cleveland, had converted 73 Home Owners' Loan Corporation bonds which belonged to petitioner. Only...

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