President of the Bank of Kentucky v. Wister’s Empirical Analysis

Citation profile

18 federal appellate · 4 district · 9 state decisions

Most-quoted passages

The sentences later courts lift from this opinion, ranked by how many decisions quote each — the parts of the opinion doing the work. These counts are smaller than the citation total above because most of the 73 citing decisions cite the case generally; a passage count includes only decisions quoting that exact language verbatim.

1. ““The state does not, by becoming a corporator, identify itself with tile corporation. The Planters’ Bank of Georgia is not the state of Georgia, although the state holds an interest in it. * * * The state of Georgia, by giving to the bank the capacity to sue and be sued, voluntarily strips itself of its sovereign character, so far as respects the transactions of the bank, and waives all the privileges of that character. As a member of a corporation, a government never exercises its sovereignty. It acts merely as a cor-porator, and exercises no other power in the management of the affairs of the corporation, than are expressly given by the incorporating act. The government of the Union held shares in the old Bank of the United States; but the privileges of the government were not imparted by that circumstance to the bank.””

   2 later decisions quote this exact passage · from the majority
   e.g. United States v. Chesapeake & D. Canal Co. · Providence Engineering Corp. v. Downey Shipbuilding Corp.

2. ““It is, we think, a sound principle that when a government becomes a-•partner in any trading company, it divests itself, so far as concerns the transactions of that company, of its sovereign character, and takes that of a private citizen. Instead of communicating to the company its privileges and its prerogatives, it descends to a level with those with whom it associates itself, and takes the character which belongs, to its associates, and to the-business which is to be transacted.” 2”

   2 later decisions quote this exact passage · from the majority
   e.g. The Pesaro · Metropolitan Savings Bank & Trust Co. of Pittsburgh v. Farmers' State Bank of Rosalie

3. “this is a question which has been considered arid disposed of in our previous, decisions. This court has uniformly held that a note payable to bearer is payable to anybody, and not affected by the disabilities of the nominal payee.”

   1 later decision quote this exact passage · from the majority
   e.g. Holmes v. Goldsmith