Schallenberger v. First State Bank of Holstein
This text of 219 U.S. 114 (Schallenberger v. First State Bank of Holstein) is published on Counsel Stack Legal Research, covering Supreme Court of the United States primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Opinion
delivered the opinion of the court.
This is a suit by many banks to prevent the Banking Board of Nebraska from carrying out and enforcing an act similar to the Oklahoma statute just passed upon. It forbids banking except by a corporation formed under the act and provides for a guaranty fund. The Circuit Court held the statute unconstitutional and issued an injunction against the enforcement of it. 172 Fed. Rep. 999. For the reasons given in the foregoing case the decree of the Circuit Court'must be reversed.
Decree reversed.
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Cite This Page — Counsel Stack
219 U.S. 114, 31 S. Ct. 189, 55 L. Ed. 117, 1911 U.S. LEXIS 1623, Counsel Stack Legal Research, https://law.counselstack.com/opinion/schallenberger-v-first-state-bank-of-holstein-scotus-1911.