Rawlings v. Ray, 312 U.S. 96 (1941)
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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.
Rawlings v. Ray, 312 U.S. 96 (1941)
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Rawlings v. Ray No. 327 Argued January 17, 1941 Decided February 3, 1941 312 U.S. 96
CERTIORARI TO THE CIRCUIT COURT OF APPEALS
FOR THE EIGHTH CIRCUIT
Syllabus
1. The state statute of limitations applies in an action by the receiver of an insolvent national bank against a stockholder to collect a Comptroller’s assessment. P. 97.
2. In such an action, the question when the cause of action accrued, as a complete and present cause of action, is a federal question turning upon the construction of the assessment and the authority of the Comptroller to make it under applicable federal legislation. P. 98.
3. In making a stockholders’ assessment, the Comptroller is authorized to fix a later date for its payment. P. 99.
4. In an action by the receiver of an insolvent national bank in Arkansas to collect a Comptroller’s assessment, held that the three-year statute of limitations of Arkansas began to run not on the day when the assessment was made, but on a later day on or before which it was expressly made payable. P. 98.
111 F.2d 695 reversed.
Certiorari, 311 U.S. 627, to review the affirmance of a judgment sustaining a plea of the statute of limitations in a suit by the receiver of a national bank to collect an assessment from a stockholder.
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Chicago: U.S. Supreme Court, "Syllabus," Rawlings v. Ray, 312 U.S. 96 (1941) in 312 U.S. 96 312 U.S. 97. Original Sources, accessed November 22, 2024, http://originalsources.com/Document.aspx?DocID=R81R4DEJJGD6C1T.
MLA: U.S. Supreme Court. "Syllabus." Rawlings v. Ray, 312 U.S. 96 (1941), in 312 U.S. 96, page 312 U.S. 97. Original Sources. 22 Nov. 2024. http://originalsources.com/Document.aspx?DocID=R81R4DEJJGD6C1T.
Harvard: U.S. Supreme Court, 'Syllabus' in Rawlings v. Ray, 312 U.S. 96 (1941). cited in 1941, 312 U.S. 96, pp.312 U.S. 97. Original Sources, retrieved 22 November 2024, from http://originalsources.com/Document.aspx?DocID=R81R4DEJJGD6C1T.
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