Ziegler v. First National Bank
Supreme Court of Pennsylvania
Error to the Court of Common Pleas, of Lehigh county; Of January Term 1880, No. 194. Assumpsit by Philip Ziegler against the First National Bank of Allentown, to recover the sum of $2980.80 deposited with said bank. . The defendant was a national bank, organized and incorporated under the national banking laws, and was located and doing business in the city of Allentown.
Read the full summary
Error to the Court of Common Pleas, of Lehigh county; Of January Term 1880, No. 194. Assumpsit by Philip Ziegler against the First National Bank of Allentown, to recover the sum of $2980.80 deposited with said bank. . The defendant was a national bank, organized and incorporated under the national banking laws, and was located and doing business in the city of Allentown. It suspended some time in March or April 1877. At the time of its suspension and for a number of years prior thereto, William II. Blumer was the president of the bank, Jacob A. Blumer, a son of William II. Blumer, cashier,…
1Opinion of the CourtJustice Paxson
*397When the plaintiff took his money to the First National Bank of Allentown, and handed it to the cashier for deposit, the bank became responsible therefor. The cashier was the executive officer of the bank, and authorized by the very nature of his office to receive money on deposit. After receiving it, no trick or fraud on his part, by means of which the money was passed over to Blumer & Co., a firm in which the bank officers were largely interested, and appeared to have had the control, could absolve the bank from its liability. No class of men have the confidence of the people to a greater…
2Cited by5 opinions
- Caldwell v. Continental Trust Co.Supreme Court of Pennsylvania · 1927
- Bos v. People's National BankSuperior Court of Pennsylvania · 1909
- Hromaha v. First National BankSuperior Court of Pennsylvania · 1912
- Massey v. Bohn, Pennsylvania Court of Common Pleas, Berks County1923
- Union Trust Co. v. National Indemnity Co., Pennsylvania Court of Common Pleas, Washington County1934