In the case of Page's Administrators v. The Bank of Alexandria, the Supreme Court was asked to decide whether a bank could be held liable for failing to pay out funds from an account belonging to a deceased person. The court ruled that banks are not responsible for paying out funds from accounts belonging to deceased persons unless they have been specifically instructed by the decedent or their legal representative prior to death. Furthermore, if such instructions were given and not followed, then the bank may be held liable in damages for any losses incurred as a result of its failure. This ruling established important precedent regarding banking regulations and liability when dealing with accounts owned by deceased individuals.

In the case of Page's Administrators v. The Bank of Alexandria, Chief Justice Marshall delivered a dissenting opinion in which he argued that the Court should not have dismissed the appeal on procedural grounds. He believed that it was necessary to consider whether or not an action for money had been brought against a corporation without any legal authority from its charter, and if so, what remedy could be provided by law. Marshall further noted that this issue was one of great importance as it involved questions concerning corporate powers and liabilities under state laws. He concluded by expressing his belief that these issues were too important to be decided without full consideration and urged the court to hear arguments on them before rendering judgment in favor of either party.