57 F. 870 | U.S. Circuit Court for the District of Washington | 1893
(orally.) In the case of the Washington National Bank against the comp (roller of the currency, pending at Tacoma, I regard it as a great hardship that the comptroller of the currency should deem it necessary to interfere in the settlement of the business of the bank by the officers and means which have been chosen by the bank’s stockholders, directors, and creditors, and which are satisfactory to them, especially in view of the uncontradicted averment in the bill that the bank is abto to meet all of its obligations, and willing to do so, and intending to do so, and that it is proceeding as well as it can to liquidate, — that is, To pay, — and close up its business. Now, regarding it as a hardship, I have endeavored, in reflecting on the casis t.o tiring my min’ to the conclusion that the court, may lawfully interfere by issuing an injunction ro restrain the appointment of a receiver, but the result has not been satisfactory.