· 1/18/1892
Petri v. Commercial Nat. Bank of Chicago
Citations
- 142 U.S. 644
- 12 S. Ct. 325
- 35 L. Ed. 1144
- 1892 U.S. LEXIS 1998
Syllabus
<p>A national bank, located in one State, may bring suit against a citizen of another State, in the Circuit Court of the United States for the District wherein the defendant resides, by reason alone of diverse citizenship.</p>
How courts have described this case
Verbatim parenthetical descriptions written by other courts when citing this decision. Ranked by citation-network relevance.
- observing that 1882 amendment “placed [national banks] in the same category with banks not organized under the laws of the United States”
- observing that 1882 amendment \placed [national banks] in the same category with banks not organized under the laws of the United States\
- noting that the purpose of the 1882 Act was to eliminate federal \arising under\ jurisdiction for suits involving national banks
- noting that, under the 1882 Act, national banks \were placed in the same category with banks not organized under the laws of the United States\
- explaining that “[n]o reason is perceived why it should be held that congress intended that national banks should not resort to federal tribunals as other corporations and individual citizens might”
- stating that after the 1882 amendment, “the jurisdiction of the circuit courts over suits by or against national banks could no longer be asserted on the ground of their federal origin, as they were placed in the same category with banks not organized under the laws of the United States.”
Source: CourtListener parenthetical corpus (CC0).
Judges: Fuller
Read full opinion on CourtListenerSourced from CourtListener / Free Law Project (CC0).
This is legal information, not legal advice. Laws vary by jurisdiction and change frequently. Always verify current law with official sources and consult a licensed attorney in your jurisdiction for advice on your specific situation.