Brown v. Deposit National Bank

The sole question here is as to the right of setoff upon the facts stated.

There is nothing in the record to indicate any illegal dealings with the bank’s property by the firm of Knapp Brothers, or any of them. *527The finding is that there was a deposit of the bank’s funds with the firm as private bankers in the form of a depositor’s account. There is nothing to indicate any misappropriation of funds by the firm, or that the firm treated this deposit account any differently than it had the other deposit accounts with it. There is nothing to indicate that they held these funds as trustees,…