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Georgetown National Bank v. McFarland, 273 U.S. 568 (1927)
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General SummaryThis case is from a collection containing the full text of over 16,000 Supreme Court cases from 1793 to the present. The body of Supreme Court decisions are, effectively, the final interpretation of the Constitution. Only an amendment to the Constitution can permanently overturn an interpretation and this has happened only four times in American history.
Georgetown National Bank v. McFarland, 273 U.S. 568 (1927)
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Georgetown National Bank v. McFarland No. 78 Argued December 13, 1926 Decided March 21, 1927 273 U.S. 568
ERROR TO THE COURT OF APPEALS
OF THE STATE OF KENTUCKY
Syllabus
Upon the question of fact whether capital invested by individuals in bonds and other securities was so invested as to come in competition with national banks (Rev.Stats. § 5219), this Court will accept the negative finding of the state court where the evidence is in some particulars conflicting and the finding is supported by evidence and not certainly against the weight of evidence. P. 570.
So held where the evidence fell short of establishing that the capital was employed substantially as in the loan and investment features of banking in making investments by way of loan or discount or in notes, bonds, and other securities, with a view to sale or repayment and reinvestment.
208 Ky. 7 affirmed.
Error to a judgment of the Court of Appeals of Kentucky which reversed a judgment for the plaintiff in a suit to enjoin the sheriff and other taxing officials of Scott County, Kentucky, from assessing or collecting taxes on the shares of the Bank.
Contents:
Chicago:
U.S. Supreme Court, "Syllabus," Georgetown National Bank v. McFarland, 273 U.S. 568 (1927) in 273 U.S. 568 273 U.S. 569. Original Sources, accessed July 1, 2025, http://www.originalsources.com/Document.aspx?DocID=1WKGANRPA6T3F8M.
MLA:
U.S. Supreme Court. "Syllabus." Georgetown National Bank v. McFarland, 273 U.S. 568 (1927), in 273 U.S. 568, page 273 U.S. 569. Original Sources. 1 Jul. 2025. http://www.originalsources.com/Document.aspx?DocID=1WKGANRPA6T3F8M.
Harvard:
U.S. Supreme Court, 'Syllabus' in Georgetown National Bank v. McFarland, 273 U.S. 568 (1927). cited in 1927, 273 U.S. 568, pp.273 U.S. 569. Original Sources, retrieved 1 July 2025, from http://www.originalsources.com/Document.aspx?DocID=1WKGANRPA6T3F8M.
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