Legal Opinion
Commercial Banking & Trust Co. v. Citizens Trust & Guaranty Co.
Court of Appeals of Kentucky
Decided May 6, 1913PublishedCited by 50 opinions
Appeal from Jefferson Circuit Court (Chancery Branch, Second Division).
1Opinion of the Court
Opinion op the Court by
Judge Lassing.
Reversing.
The Commercial Bank & Trust Company, a corporation, was organized under the laws of this State and empowered to do a general banking and trust business in Louisville, Kentucky. Lloyd W. Gates, is, and was in January, 1912, the treasurer of Jefferson County. As such he was required to give bond for the faithful performance of his duties. This he did, with the Citizens Trust & Guaranty Company, a West Virginia corporation, as surety. The Commercial Bank & Trust Company, desiring to secure, at least, a part of the deposits of the county treasurer,…
2Cases cited3 opinions
- Citizens Bank v. Bank of WaddyCourt of Appeals of Kentucky · 1907
- State Nat. Bank v. CommonwealthCourt of Appeals of Kentucky · 1908
- Citizens Life Insurance v. Owensboro Savings Bank & Trust Co.'sCourt of Appeals of Kentucky · 1912
3Cited by50 opinions
- Texas & Pacific Railway Co. v. PottorffSupreme Court of the United States · 1934
- People Ex Rel. Nelson v. Wiersema State BankIllinois Supreme Court · 1935
- County of Divide v. BairdNorth Dakota Supreme Court · 1926
- Farmers & Merchants State Bank v. Consolidated School District No. 3Supreme Court of Minnesota · 1928
- State Bank of Commerce v. StoneNew York Court of Appeals · 1933
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