Legal Opinion

Gorsche v. First National Bank

Michigan Supreme Court

Decided January 28, 1926No. Docket No. 92PublishedCited by 5 opinions

1Opinion of the CourtSteere, J.

Plaintiff’s assignors, Matt and Peter Sehustarich, are brothers, and natives of Austria who, prior to the events involved here, came to the United States from their home in Austria-Hungary. In 1914 they were living in Manistique, Michigan, and carried accounts in defendant bank. Preparatory to returning to their home in Austria, they, on July 24, 1914, withdrew their deposits from the bank and purchased from it $2,400 worth of foreign exchange in Austrian kronens, at the rate of exchange of that date, drawn on the Laibacher Credit Bank, of Laibach, Austria, near their former home. Matt’s…

2Cases cited3 opinions

  1. Forsythe v. KimballSupreme Court of the United States · 1876
  2. Phelps v. AbbottMichigan Supreme Court · 1897
  3. Karnov v. GoldmanMichigan Supreme Court · 1924

3Cited by5 opinions

  1. Nag Enterprises, Inc v. All State Industries, IncMichigan Court of Appeals · 1978
  2. Bosley v. PrueterMichigan Court of Appeals · 1973
  3. Kardynal v. GrezezinskiMichigan Supreme Court · 1931
  4. Wright v. Seco Metals, IncMichigan Court of Appeals · 1972
  5. Mischnick v. Dime Savings BankMichigan Supreme Court · 1932

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