American Bank & Trust Co. v. Federal Reserve Bank of Atlanta (1923), 262 U.S. 643. Suit by a commercial bank to restrain mass over-the-counter collection of checks by Federal Reserve. (Previous appeal in 1921 [256 U.S. 350] had held Federal Reserve activities were not to be tested by the law of private property and commercial bank was entitled to present evidence on Federal Reserve motivation.) Judgment for Reserve Bank on ground that no improper motives (e.g., compulsion to System membership) had been proved.
Bank of Augusta v. Earle (1839), 38 U.S. (13 Peters), 519. Suit on a note purchased by a bank outside its state of incorporation and payable outside such state. Judgment for the bank on the grounds that at common law, right of banking could be restrained or regulated only by the individual states and that the transaction in question contravened no state regulation.
Bank of New York v. Board of Supervisors (1869), 74 U.S. (7 Wall.), 26. Proceeding to collect state property taxes levied on United States notes (greenbacks). Judgment for the taxpayer on the ground that greenbacks were federal securities rather than money and hence exempt from state taxation.
Briscoe v. Bank of Kentucky (1837), 36 U.S. (11 Peters), 257. Suit to enforce payment of a note given for notes of state-owned bank. Judgment for the bank on the grounds that its notes were neither issued by nor on the credit of the