Shallenberger v. First State Bank of Holstein, 219 U.S. 114 (1911)

Shallenberger v. First State Bank of Holstein, Nebraska


No. 445


Argued December 8, 1910
Decided January 3, 1911
219 U.S. 114

APPEAL FROM THE CIRCUIT COURT OF THE UNITED STATES
FOR THE DISTRICT OF NEBRASKA

Syllabus

Following, and on the authority of, Noble State Bank v. Haskell, ante, p. 104, sustaining the Bank Depositors’ Guaranty Fund Acts of Oklahoma, held that a similar act of Nebraska providing for a guaranty fund and prohibiting banking except by corporations formed under the act, is not unconstitutional.

172 F. 999 reversed.

The facts, which involve the constitutionality of the banking act of Nebraska, creating a depositors’ guaranty fund, are stated in the opinion.