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Missouri Ex Rel. Burnes National Bank v. Duncan, 265 U.S. 17 (1924)
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General SummaryThis case is from a collection containing the full text of over 16,000 Supreme Court cases from 1793 to the present. The body of Supreme Court decisions are, effectively, the final interpretation of the Constitution. Only an amendment to the Constitution can permanently overturn an interpretation and this has happened only four times in American history.
Missouri Ex Rel. Burnes National Bank v. Duncan, 265 U.S. 17 (1924)
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Missouri ex Rel. Burnes National Bank of St. Joseph v. Duncan No. 762 Argued April 11, 1924 Decided April 28, 1924 265 U.S. 17
ERROR TO THE SUPREME COURT
OF THE STATE OF MISSOURI
Syllabus
l. The Act of September 26, 1918, c. 177, § 2, 40 Stat. 967, amending § 11(k) of the Federal Reserve Act, authorizes a national bank having the permit of the Federal Reserve Board to act a executor if trust companies competing with it have that power by the law of the state in which the bank is located, whether the exercise of such power by the national bank is contrary to the state law or not. P. 23.
2. The power of Congress to grant such accessory functions to national banks, to sustain them in the competition of the banking business, cannot be controlled by state laws. First National Bank v. Fellows, 244 U.S. 416. P. 24.
3. The authority given by the act is independent of regulations adopted by the state to secure the trust funds in the hands of its trust companies. Id.
302 Mo. 130 reversed.
Error to a judgment of the Supreme Court of Missouri which denied the bank’s application for a writ of mandamus to compel a probate court to issue to it letters testamentary, it having been appointed executor by a will.
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Chicago: U.S. Supreme Court, "Syllabus," Missouri Ex Rel. Burnes National Bank v. Duncan, 265 U.S. 17 (1924) in 265 U.S. 17 265 U.S. 22. Original Sources, accessed November 22, 2024, http://originalsources.com/Document.aspx?DocID=IEE4UG12XI6MVWD.
MLA: U.S. Supreme Court. "Syllabus." Missouri Ex Rel. Burnes National Bank v. Duncan, 265 U.S. 17 (1924), in 265 U.S. 17, page 265 U.S. 22. Original Sources. 22 Nov. 2024. http://originalsources.com/Document.aspx?DocID=IEE4UG12XI6MVWD.
Harvard: U.S. Supreme Court, 'Syllabus' in Missouri Ex Rel. Burnes National Bank v. Duncan, 265 U.S. 17 (1924). cited in 1924, 265 U.S. 17, pp.265 U.S. 22. Original Sources, retrieved 22 November 2024, from http://originalsources.com/Document.aspx?DocID=IEE4UG12XI6MVWD.
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