Boone v. American Veterinary Medical Ass'n

It appearing that, by agreement between a bank and its depositor, bonds were to be purchased by the bank and charged to the depositor’s account, which was at all times adequate to cover their cost, that the bonds were purchased, were registered in the depositor’s name, but were received at the bank after it had passed into the hands of a receiver, that, though ample time had intervened between purchase and delivery, yet no debit had been entered against the deposit on the books of the bank.

It is our view that no question arises as to the character of the deposit as a special deposit, but that…