Harlan F. Stone

“ But plaintiff made no attempt to show that there were other businesses or courses of investment in the state employing moneyed capital in competition with its business or that of other national banks. The evidence with respect to capital invested by individuals, taken as a whole, falls short of establishing that the capital thus used is 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. ”

“ McFarland v. Georgetown Nat. Bank, 208 Ky. 7, 270 S. W. 995. The case comes here on writ of error, and disposition of it may be made upon the principles applied in First National Bank of Hartford v. City of Hartford, 273 U.S. 548, 48 S.C.t. 462, 71 L. Ed. -, decided this day. ”