Legal Opinion
Foster v. Peoples Bank
Court of Appeals of Georgia
Decided September 27, 1930No. 20195PublishedCited by 8 opinions
1Opinion of the CourtJenkins, P. J.
1. Where money is placed in a bank on general deposit, the rule is that the title passes immediately to the bank, and the relation of debtor and creditor is thereby created between the bank and the depositor. McGregor v. Battle, 128 Ga. 577 (58 S. E. 28, 13 L. R. A. (N. S.) 185). This rule applies also to checks or drafts, if they are received on deposit with the intention that they be treated as cash. First National Bank v. McMillan, 15 Ga. App. 319, 322 (83 S. E. 149); Few v. First National Bank, 40 Ga. App. 791 (2) (151 S. E. 546).
2. Ordinarily, where checks or drafts are indorsed and…
2Cases cited6 opinions
- McGregor v. BattleSupreme Court of Georgia · 1907
- Walton Guano Co. v. McCallSupreme Court of Georgia · 1900
- First National Bank v. McMillan Bros.Court of Appeals of Georgia · 1914
- Baldwin State Bank v. National BankSupreme Court of Georgia · 1915
- Few v. First National BankCourt of Appeals of Georgia · 1930
1 more not listed; retrieve them via the Exa API.
3Cited by8 opinions
- Pike v. First National Bank of RomeCourt of Appeals of Georgia · 1959
- Nash Motors Co. v. Harrison Co.Court of Appeals of Georgia · 1935
- Howell v. Bank of Newnan (In Re Summit Financial Services, Inc.)United States Bankruptcy Court, N.D. Georgia · 1999
- Green v. StateCourt of Appeals of Georgia · 1987
- DeFoor v. StateCourt of Appeals of Georgia · 1974
3 more not listed; retrieve them via the Exa API.