Selden v. Equitable Trust Co.Annotate this Case
94 U.S. 419 (1876)
U.S. Supreme Court
Selden v. Equitable Trust Co., 94 U.S. 419 (1876)
Selden v. Equitable Trust Co.
94 U.S. 419
A corporation whose business is confined to the investment of its capital in bonds secured by mortgage on real estate and to the negotiation, sale, and guaranty of them is not a bank or a banker within the meaning of sec. 3407 of the Revised Statutes.
The facts are stated in the opinion of the Court.