Legal Opinion

School Dist. of City of Sedalia v. De Weese

U.S. Circuit Court for the District of Missouri

Decided March 22, 1900PublishedCited by 10 opinions

This was an action at law against the defendant, as receiver of a national bank, to charge the bank with liability for the conversion by its cashier of bonds of the plaintiff.

1Opinion of the Court

PHILIPS, District Judge.

This cause has been submitted to the court without the intervention of a jury. In 1883 the school district of Sedaba, Mo., issued bonds in the sum of $30,000, to run for 20 years, redeemable at the option of the city at any time after 5 years. In 1889 the school district elected to redeem said bonds by the issue of funding bonds at a less rate of interest. These funding bonds were accordingly executed and issued in due form, and were placed in the hands of James O. Thompson to sell, and out of the proceeds thereof to redeem the old bonds. Thompson made a sale of the…

2Cases cited15 opinions

  1. Wood v. CarpenterSupreme Court of the United States · 1879
  2. Innerarity v. Merchants' National BankMassachusetts Supreme Judicial Court · 1885
  3. Frenkel v. HudsonSupreme Court of Alabama · 1886
  4. Shelby County v. BraggSupreme Court of Missouri · 1896
  5. Merchants' National Bank v. LovittSupreme Court of Missouri · 1893

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3Cited by10 opinions

  1. Cangemi v. Advocate South Suburban HospitalAppellate Court of Illinois · 2006
  2. Bryan v. United StatesCourt of Appeals for the Tenth Circuit · 1938
  3. Smith v. Wallace National BankIdaho Supreme Court · 1915
  4. Knobley Mountain Orchard Co. v. Peoples Bank of KeyserWest Virginia Supreme Court · 1925
  5. Schneider v. ThompsonCourt of Appeals for the Eighth Circuit · 1932

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