Cahan v. Empire Trust Co.
Court of Appeals for the Second Circuit
1Opinion of the CourtHough, Circuit Judge
(after stating the facts as above).
We have not summarized all' the "evidence given, but have stated the only facts we deem material; they are also clearly proven.
This material evidence proves that defendant received without comment or question, collected, and credited to Cahan, Jr., and permitted him to use, the proceeds of 21, checks on their face showing that the depositor as a fiduciary — i. e.,- an attorney in fact-had drawn his principal’s money for the purpose of transferring it to his own credit and for his own use in defendant’s bank.
This evidence must of course be measured -by and…
2Cases cited21 opinions
- Bischoff v. . Yorkville BankNew York Court of Appeals · 1916
- Ward v. City Trust Co. of New YorkNew York Court of Appeals · 1908
- Duckett v. National Mechanics' BankCourt of Appeals of Maryland · 1897
- Whiting v. . Hudson Trust Co.New York Court of Appeals · 1923
- United States Fidelity & Guaranty Co. v. People's BankTennessee Supreme Court · 1913
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3Cited by5 opinions
- Fidelity & Deposit Co. of Maryland v. Farmers' Bank of Bates CountyCourt of Appeals for the Eighth Circuit · 1930
- Steingut v. Guaranty Trust Co. of New YorkCourt of Appeals for the Second Circuit · 1947
- Atlanta & St. A. B. Ry. Co. v. BarnesCourt of Appeals for the Fifth Circuit · 1938
- Windsor Steel Products, Ltd. v. Whizzer Industries, Inc.District Court, E.D. Michigan · 1957
- New York Life Ins. v. United StatesCourt of Appeals for the Second Circuit · 1926