Show WILL TEST JEST NEW YORK LAW LAI WING REGULATING BANKS Curb Broker Suit Su In 10 I tOrl Attorney Anil t III Stale Sin to mile New Now 10 lU On behalf of or business 1 associates Jinn t O 11 a I broker brokar linn baa undertaken to t test teat thu tho LOII of or tho now law hats which wont Into effect In Now state on 01 Sept 1 to regulate nil all ni private 01 or all 11 business which In iii II tiny uny way wa uc le copts money fluency monO tot for deposit An Au Al order or er to 10 show alien cause why thu district attorney police commissioner and ald thu state stale comptroller should riot Jot bo enjoined from trum rum enforcing tho the pro vUlon of or tho the law hats Imposes unequal U supreme court Counsel for Mr lr Leo Loo LIO that hut thu law Imposed unequal restraints giving to thu tho hi great business houses u ii I denied smaller bunker banker thus thUl to oil 1 hl Intents antI ami pur loses 1 l depriving him of ot his hil business and anil his property without duo process processor or o law Louis Marshall who appears for tur thu the tato rl n ii hU his hil argument recalls how a I commission appointed In by ly ly Gov Hughes round found rOi 11 serious I abuse abusI In tho the small private bunk throughout this city chiefly Chichi patronized by poor Immigrants During the panic or Of 1907 1 07 lost ket O It was wag easier ellor to 10 run a I bunk bank balk than a n saloon says the lawyer for tur tho thA th private bank bankel or oh was WUN WUI subject to no regulation where whereas as ns the thu had h td to comply with wih dis distinct restrictions Justice accepted tho the briefs oC of o counsel and tl reserved decision |