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Ksa 59 1507b  Form

Ksa 59 1507b Form

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the scope of subject matter jurisdiction has always generated controversy plaintiffs typically invoke federal question jurisdiction when pleading a cause of action created by federal law but over 100 years ago the united states supreme court established that a state law claim may give rise to federal question jurisdiction in the case of smith versus kansas city title and trust company charles smith a shareholder of kansas city title and trust company filed suit to enjoin the company's directors from investing in bonds issued under the federal farm loan act of 1916. smith alleged that the act was unconstitutional and because missouri law authorized kansas city title to invest funds only in legal securities he alleged that an investment in bonds issued under the act constituted a breach of the director's fiduciary duty to shareholders kansas city title moved to dismiss the district court granted the motion although neither party claimed a lack of jurisdiction the united s

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