Handbook of the Law of Banks and Banking |
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Page 5
... tion of banking , and an institution that did not issue them was not regarded as a bank . In its analysis , the obligation of a bank to its depositors is essentially the same as its obligation to the holders of its bank notes ; that is ...
... tion of banking , and an institution that did not issue them was not regarded as a bank . In its analysis , the obligation of a bank to its depositors is essentially the same as its obligation to the holders of its bank notes ; that is ...
Page 28
... tion , and upon collection , unless it be otherwise agreed , by the weight of authority becomes debtor to the depositor for the amount collected , as upon a general deposit . A deposit is one for collection , if the indorsement of the ...
... tion , and upon collection , unless it be otherwise agreed , by the weight of authority becomes debtor to the depositor for the amount collected , as upon a general deposit . A deposit is one for collection , if the indorsement of the ...
Page 44
... tion , 51 Kan . 87 , 32 Pac . 658 , 37 Am . St. Rep . 263 ; Board of Fire & Water Com'rs of City of Marquette v . Wilkinson , 119 Mich . 655 , 78 N. W. S93 , 44 L. R. A. 493 ; State v . Midland State Bank , 52 Neb . 1 , 71 N. W. 1011 ...
... tion , 51 Kan . 87 , 32 Pac . 658 , 37 Am . St. Rep . 263 ; Board of Fire & Water Com'rs of City of Marquette v . Wilkinson , 119 Mich . 655 , 78 N. W. S93 , 44 L. R. A. 493 ; State v . Midland State Bank , 52 Neb . 1 , 71 N. W. 1011 ...
Page 45
... tion of trust funds when withdrawn or to protect the trust by setting up a jus tertii against a demand by the trustee . " A bank account , * * * even when it is a trust fund , and designated as such , differs from other trust funds ...
... tion of trust funds when withdrawn or to protect the trust by setting up a jus tertii against a demand by the trustee . " A bank account , * * * even when it is a trust fund , and designated as such , differs from other trust funds ...
Page 53
... tion.1 132 Garnishment or Attachment of Deposit The debt of a bank to its depositor may be reached by a creditor of the depositor by garnishment or attachment in the manner provided in the particular jurisdiction.138 If , how- ever ...
... tion.1 132 Garnishment or Attachment of Deposit The debt of a bank to its depositor may be reached by a creditor of the depositor by garnishment or attachment in the manner provided in the particular jurisdiction.138 If , how- ever ...
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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.