Legal Opinion

Standard Trust Co. of New York v. Commercial Nat. Bank

Court of Appeals for the Fourth Circuit

Decided March 8, 1917No. 1466PublishedCited by 6 opinions

In Error to the District Court of the United States for the Western District of North Carolina, at Salisbury; James E. Boyd, Judge. Action by the Standard Trust Company of New York and another against the Commercial National Bank and another. Judgment for the defendants, and plaintiffs bring error.

1Opinion of the Court

KNAPP, Circuit Judge.

In the court below a verdict was directed for the defendants, and plaintiffs bring the case here on writ of error. The transactions which gave rise to the suit are, briefly, these: On October 4, 1910, Sol N. Cone, of Greensboro, N. C., drew his check for $5,000 on the Commercial National Bank of that place, in which he was a depositor, in favor of Latham, Alexander & Co. of the city of New York, and mailed the same that day to the payees. They received the check the next day and at once deposited it in the Standard Trust Company, with which they did business. It was…

2Cases cited8 opinions

  1. National Bank v. Insurance Co.Supreme Court of the United States · 1881
  2. Burton v. United StatesSupreme Court of the United States · 1905
  3. Burton v. United StatesSupreme Court of the United States · 1906
  4. Armstrong v. American Exchange Nat. Bank of ChicagoSupreme Court of the United States · 1890
  5. Standard Trust Co. of New York v. Commercial National BankSupreme Court of North Carolina · 1914

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3Cited by6 opinions

  1. Union Electric Steel Co. v. Imperial BankCourt of Appeals for the Third Circuit · 1923
  2. Bryant v. WilliamsDistrict Court, E.D. North Carolina · 1926
  3. Exchange v. Union Trust Co.Appellate Division of the Supreme Court of the State of New York · 1935
  4. Baldwin v. Jardine Matheson & Co.Court of Appeals for the Second Circuit · 1919
  5. Fidelity & Deposit Co. of Maryland v. Idaho Bank & Trust Co.District Court, D. Idaho · 1959

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