Summary

Portrait of James Clark McReynolds James Clark McReynolds Bank of Oxford v. Love — Opinion of the Court

While the bill proceeds upon the theory that the bank's affairs are wholly exempt from interference by legislative direction, the only past or immediately probable wrongs adequately complained of are enforced contribution to expense of the banking department and threats by defendants to make examinations and reports. And we think it clear that no impairment of the corporate charter has or will result from reasonable examinations and reports by duly authorized officers and the small prescribed payments.
Source: Wikisource

Portrait of James Clark McReynolds James Clark McReynolds Bank of Oxford v. Love — Opinion of the Court

It alleges:
'That the said bank examiners are threatening to interfere with the affairs of this bank and to exercise such powers as are provided for by said statute [of 1914] over this bank, and are threatening t
o make such examinations and reports upon and about, and to exercise all the other authorities and powers provided for by such statute, over the affairs of your orator, said bank.
Source: Wikisource

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