Havana Cent. R. v. Central Trust Co. of New York
Court of Appeals for the Second Circuit
In Error to the District Court of the United States for the Southern District of New York; Julius M. Mayer, Judge. Action by the Havana Central Railroad Company against the Central Trust Company of New York. From a judgment in favor of defendant on the verdict, plaintiff brings error.
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In Error to the District Court of the United States for the Southern District of New York; Julius M. Mayer, Judge. Action by the Havana Central Railroad Company against the Central Trust Company of New York. From a judgment in favor of defendant on the verdict, plaintiff brings error. The following is an outline of the facts particularly relevant to the principal questions of law discussed in the opinion: On February 23, 190(5, C. W. Van Voorhis, treasurer of the plaintiff, the Havana Central Railroad Company, opened a deposit account in its name with the defendant, the Central Trust Company.…
1Opinion of the CourtNoyes, Circuit Judge
(after stating the facts as above). Upon the trial the plaintiff claimed that the form, face and contents of the checks were, as a matter of law, such as to put the defendant upon inquiry. The trial court ruled that the question was one of fact for the jury and the assignment of error based upon this ruling brings up the primary question in the case; a question which, as affecting the duties of banking institutions, is of far-reaching importance.
[1, 2] The rules for following trust funds apply for the protection of corporations from the breaches o.f trust of their officers and these rules…
2Cases cited9 opinions
- National Bank v. Insurance Co.Supreme Court of the United States · 1881
- Ward v. City Trust Co. of New YorkNew York Court of Appeals · 1908
- Havana Central Railroad v. Knickerbocker Trust Co.New York Court of Appeals · 1910
- Squire v. . OrdemannNew York Court of Appeals · 1909
- Goodwin v. American National BankSupreme Court of Connecticut · 1881
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3Cited by34 opinions
- Sun'n Sand, Inc. v. United California BankCalifornia Supreme Court · 1978
- Federal Savings & Loan Ins. Corp. v. Kearney Trust Co.Court of Appeals for the Eighth Circuit · 1945
- Wichita Royalty Co. v. City National Bank of Wichita FallsTexas Supreme Court · 1935
- Rodgers v. Bankers National BankSupreme Court of Minnesota · 1930
- Wichita Royalty Co. v. City Nat. Bank of Wichita FallsTexas Supreme Court · 1935
29 more not listed; retrieve them via the Exa API.