DARRINGTON V. BANK OF ALABAMA, 54 U. S. 12 (1851)
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U.S. Supreme Court
Darrington v. Bank of Alabama, 54 U.S. 13 How. 12 12 (1851)
Darrington v. Bank of Alabama
54 U.S. (13 How.) 12
Syllabus
The bills of a banking corporation, which has corporate property, are not bills of credit within the meaning of the Constitution, although the state which created the bank is the only stockholder, and pledges its faith for the ultimate redemption of the bills.
The facts and pleadings are stated in the opinion of the Court.