National Bank of Commerce v. Bossemeyer
Nebraska Supreme Court
Appeal from the district court for Nuckolls county: Leslie G. Hurd, Judge.
1Opinion of the CourtLetton, J.
On January 3, 1911, defendants, who are grain dealers at Superior, Nebraska, drew a sight draft upon a firm in New Mexico for $729 and attached a bill of lading for a car of grain consigned to the order of the drawer. They deposited the draft in the. First National Bank of Superior .(hereafter termed “the Superior bank”), which gave them credit for the amount upon their checking account." This was done in accordance with a custom whereby defendants deposited such drafts with bills of lading attached and were given credit, with the understanding that, if the draft was not paid, it should be…
2Cases cited18 opinions
- Burton v. United StatesSupreme Court of the United States · 1905
- Commercial Bank of Pa. v. ArmstrongSupreme Court of the United States · 1893
- White v. National BankSupreme Court of the United States · 1881
- In re State BankSupreme Court of Minnesota · 1894
- National Bank of Commerce v. Mechanics' American National BankMissouri Court of Appeals · 1910
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3Cited by18 opinions
- City of Douglas v. Federal Reserve Bank of DallasSupreme Court of the United States · 1926
- In Re Liquidation of Canal Bank & Trust Co.Supreme Court of Louisiana · 1935
- City State Bank in Wellington v. National Bank of Commerce of AltusCourt of Appeals of Texas · 1953
- Acme Hay & Mill Feed Co. v. Metropolitan National BankSupreme Court of Iowa · 1924
- Interstate Trust Co. v. United States National BankSupreme Court of Colorado · 1919
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