Bushnell v. Leland, 164 U.S. 684 (1897)
U.S. Supreme Court
Bushnell v. Leland, 164 U.S. 684 (1897)
Bushnell v. Leland
No. 497
Argued December 14-15, 1896
Decided January 4, 1897
164 U.S. 684
Syllabus
It has been repeatedly settled by this Court that the Comptroller of the Currency has power to appoint a receiver to a defaulting or insolvent national bank, and to call for a ratable assessment upon the stockholders of such bank, without a previous judicial ascertainment of the necessity for such action, and the contention that there is presented in this case a constitutional question not considered in the prior cases is an assumption with no foundation in fact.
The case is stated in the opinion.