Handbook of the Law of Banks and Banking |
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Page 11
... amount , the transaction is termed a " general deposit . " In such case the re- lation between the bank and its customer is that of debtor and creditor . 5. SPECIAL DEPOSIT - Where money or any other thing 38 4-6 ) 11 DEPOSITS.
... amount , the transaction is termed a " general deposit . " In such case the re- lation between the bank and its customer is that of debtor and creditor . 5. SPECIAL DEPOSIT - Where money or any other thing 38 4-6 ) 11 DEPOSITS.
Page 14
... creditor . If the bank without his authorization pays out money and charges it to his account , he cannot follow the ... creditors ; although if the bank received the deposit with knowledge of its insolvency it holds 4 Post , p . 75 ...
... creditor . If the bank without his authorization pays out money and charges it to his account , he cannot follow the ... creditors ; although if the bank received the deposit with knowledge of its insolvency it holds 4 Post , p . 75 ...
Page 15
... creditor , but of bailee and bailor.18 10 Post , p . 349 . 11 Thatcher v . Bank of State of New York , 5 Sandf . ( N. Y. ) 121 . See " Banks and Banking , " Dec. Dig . ( Key No. ) § 120 ; Cent . Dig . § 293 . 12 Munn v . Burch , 25 Ill ...
... creditor , but of bailee and bailor.18 10 Post , p . 349 . 11 Thatcher v . Bank of State of New York , 5 Sandf . ( N. Y. ) 121 . See " Banks and Banking , " Dec. Dig . ( Key No. ) § 120 ; Cent . Dig . § 293 . 12 Munn v . Burch , 25 Ill ...
Page 21
... creditors if the bank fails to apply the funds according to the agreement.34 32 See Butcher v . Butler , 134 Mo. App . 61 , 114 S. W. 564. See the illuminating notes , explaining the nature of the relation created by a deposit for a ...
... creditors if the bank fails to apply the funds according to the agreement.34 32 See Butcher v . Butler , 134 Mo. App . 61 , 114 S. W. 564. See the illuminating notes , explaining the nature of the relation created by a deposit for a ...
Page 22
... creditor , in that the bank undertakes the duty of apply- ing the deposit , has led , or misled , the courts ... creditors.35 and Banking , " Dec. Dig . ( Key No. ) § 153 ; Cent . Dig . §§ 483-501 , 1007-1012 . 35 Woodhouse v . Crandall ...
... creditor , in that the bank undertakes the duty of apply- ing the deposit , has led , or misled , the courts ... creditors.35 and Banking , " Dec. Dig . ( Key No. ) § 153 ; Cent . Dig . §§ 483-501 , 1007-1012 . 35 Woodhouse v . Crandall ...
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Other editions - View all
Handbook of the Law of Banks and Banking (Classic Reprint) Francis B. Tiffany No preview available - 2017 |
Common terms and phrases
13 Stat Act June Act March agent amount authority Bank C. C. bank notes Bank of United bank's banker Banks and Banking bill of exchange Bills and Notes bonds cashier Cent certificate of deposit charge Chemical Nat circulating notes collecting bank Comptroller contract courts creditors Currency debt debtor demand depositary bank depositor directors discount drawee drawer duty Farmers funds held holder indorsement insolvent Iowa issue liability lien loan Mass ment Merchants Metropolitan Nat Minn N. J. Law N. Y. Supp National Bank Act Negotiable Instruments Law notice officers Ohio St paid paper pass book payable payee payment person received Savings Bank shareholders statute stockholders Tenn thereof tion transaction Treasury Trust U. S. Comp ultra vires Union Nat United
Popular passages
Page 386 - ... in the hands of such executor, administrator, guardian or trustee, shall be liable in like manner, and to the same extent as the testator or intestate. or the ward or person interested in such trust fund would have been, if he had been living and competent to act, and held the same stock in his own name.
Page 540 - The taking, receiving, reserving, or charging a rate of interest greater than is allowed by the preceding section, when knowingly done, shall be deemed a forfeiture of the entire interest which the note, bill, or other evidence of debt carries with it, or which has been agreed to be paid thereon.
Page 429 - That suits, actions, and proceedings against any association under this Title may be had in any circuit, district, or territorial court of the United States held within the district in which such association may be established, or in any State, county, or municipal court in the county or city in which said association is located having jurisdiction in similar cases.
Page 136 - The acceptor by accepting the instrument engages that he will pay it according to the tenor of his acceptance ; and admits — 1. The existence of the drawer, the genuineness of his signature, and his capacity and authority to draw the instrument; and 2. The existence of the payee and his then capacity to indorse.
Page 546 - B.— 35 draws any order or bill of exchange, makes any acceptance, assigns any note, bond, draft, bill of exchange, mortgage, judgment, or decree; or who makes any false entry in any book, report, or statement of the association, with intent, in either case, to injure or defraud the association...
Page 552 - Nothing herein shall prevent all the shares in any association from being included in the valuation of the personal property of the owner or holder of such shares, in assessing taxes imposed by authority of the State within which the association is located...
Page 127 - A check of itself does not operate as an assignment of any part of the funds to the credit of the drawer with the bank, and the bank is not liable to the holder, unless and until it accepts or certifies the check.
Page 541 - But the discount of bills of exchange drawn in good faith against actually existing values, and the discount of commercial or business paper actually owned by the person negotiating the same, shall not be considered as money borrowed.
Page 574 - States or shall bring into the United States or any place subject to the jurisdiction thereof, from any foreign place...
Page 568 - If the directors of any national banking association shall knowingly violate, or knowingly permit any of the officers, agents, or servants of the association to violate any of the provisions of this Title, all the rights, privileges, and franchises of the association shall be thereby forfeited.