DANA VS. THE PRESIDENT, DIRECTORS AND COMPANY OF THE BANK OF THE UNITED STATES, DEFENDANTS, AND JAMES DUNDAS AND OTHERS, GARNISHEES. MARCH TERM, 1843. OPINION OF THE COURT.

1843. 11, [1 blank] pp. Original printed blue front wrapper, disbound. Light foxing. Good+. The question is whether the Bank of the United States had the power to mortgage its real and personal property as security for the payment of notes due certain creditors. Dana argues that the Bank lacks such authority, because the mortgage is a prohibited preference unjustly favoring some of its creditors over others. The Court concludes that the Bank has "power to make a distinction between its creditors, and to give preferences to some of them over others." Not located in American Imprints or on OCLC. Item #24631

Price: $100.00

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