Legal Opinion

First National Bank v. Ocean National Bank

New York Court of Common Pleas

Decided July 15, 1874PublishedCited by 1 opinion

Appeal by defendants from a judgment at special term.

1Opinion of the CourtDaly, C. J.

— The defendants, by their circular, solicited the accounts of the plaintiffs’ bank, and as an inducement offered to pass checks on certain places to its credit upon the day of their receipt, and to buy and sell government bonds, gold and stocks for the plaintiffs without charge. It is insisted by the appellants that this offer was so stated as to exclude the idea that the defendants gratuitously undertook the care and safe keeping of negotiable bonds; on the contrary, I think this was necessarily implied from the very nature of the offer. The plaintiffs were a bank doing business in the…

2Cases cited1 opinion

  1. Tompkins v. SaltmarshSupreme Court of Pennsylvania · 1826

3Cited by1 opinion

  1. Gray v. MerriamAppellate Court of Illinois · 1892

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