Orlik v. Wiener Bank Verein

Smith, J.:

On July 16, 1919, the plaintiff purchased of C. B. Richard & Co. of New York, drafts on the defendant bank in Vienna for 60,000 kronen and paid therefor the sum of $2,190. Later, on the same day, the plaintiff surrendered to Richard & Co. the drafts, and requested them to deposit in his name 60,000 kronen in the defendant bank in Vienna. Richard & Co., having on deposit with the defendant in Vienna upwards of 60,000 kronen, directed the defendant to transfer that number of kronen to the plaintiff, and the result of the plaintiff’s transaction with Richard & Co. was that the…