Legal Opinion
New Rochelle Trust Co. v. White
New York Court of Appeals
Decided May 28, 1940PublishedCited by 8 opinions
1Opinion of the Court
Lehman, Ch. J.
The city of New Rochelle adopted a local law, effective, according to its terms, on January 1,1932, which amended or superseded the charter granted by the Legislature (Laws of 1910, ch. 559). The local law (No. 1) contains a provision:
“ § 132. Deposits of city funds. City funds shall be deposited by the treasurer only in such banks or trust companies, one or more, as shall have been approved by the council, and the treasurer shall only deposit the city funds in such approved banks or trust companies, one or more, as shall have furnished either surety bonds or other securities…
2Cases cited3 opinions
- Texas & Pacific Railway Co. v. PottorffSupreme Court of the United States · 1934
- State Bank of Commerce v. StoneNew York Court of Appeals · 1933
- City of Mount Vernon v. Mount Vernon Trust Co.New York Court of Appeals · 1936
3Cited by8 opinions
- People v. Del GardoNew York City Magistrates' Court · 1955
- Loughman v. Town of PelhamCourt of Appeals for the Second Circuit · 1942
- Salzman v. ImpellitteriNew York Supreme Court · 1953
- Loening v. SeamanNew York Court of Appeals · 1943
- Weber v. City of New YorkNew York Supreme Court · 1959
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