Summary

Portrait of Felix Frankfurter Felix Frankfurter Eccles v. Peoples Bank of Lakewood Village Cal…

It requires no elaboration to convince me that the threat is a real and substantial interference by allegedly illegal governmental action. As that threat has taken a definite form by the enforced agreement for withdrawal, we have not something that may happen but a concrete written notice requiring withdrawal by this respondent from the System on the happening of a fact which is contrary to the Board's idea of the public interest. Whether the Board's idea of a legitimate public interest is correct is the very point at issue.
Source: Wikisource

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