Atlantic City National Bank v. Thompson
New Jersey Court of Chancery
Bill of interpleader with, prayer for injunction. Hearing at return of order to show cause for injunction.
1Opinion of the Court
Leaming, V. C.
I think it clear that complainant is not entitled to enjoin the further prosecution of the suit at law by defendant Mary D. Thompson.
By the verified answer of that defendant it appears that she deposited the note with complainant bank for collection for her own use, and that the bank entered the note in her individual pass-book for collection and credit to her account. That transaction created the relationship of bailor and bailee between her and the bank, and the bank is not, in consequence, now privi*112legecl to interplead her with one claiming the fund by a paramount title. The…
2Cases cited1 opinion
- Third National Bank v. Skillings, Whitneys & Barnes Lumber Co.Massachusetts Supreme Judicial Court · 1882
3Cited by3 opinions
- First National Bank v. ReynoldsSupreme Judicial Court of Maine · 1928
- Bergen County, Bank v. Sheriff, BergenNew Jersey Court of Chancery · 1937
- Arion B. L. Assn. v. SchweickhartNew Jersey Court of Chancery · 1936