Fort Dearborn National Bank v. Seymour
Supreme Court of Minnesota
Appeal by defendants from a. judgment for $5,828.09 entered against them as receivers of the Bank of Minnesota in the district court for Ramsey county, pursuant to the findings and order of Brill, J.
1Opinion of the CourtMitchell, J.
The Fort Dearborn National Bank of Chicago (hereafter called *83the “Chicago Bank”) and the Bank of Minnesota of St. Paul (hereafter called the “St. Paul Bank”) had been correspondents of, and making collections for, each other for some years. The St. Paul Bank also kept funds on deposit with the Chicago Bank in two accounts, — one called the “active account,” subject to draft or check, and another called the “inactive account,” not subject to be drawn upon, which, by arrangement between the banks, was to be at least $10,000, and to remain on deposit as security for any sums the St. Paul Bank…
2Cited by11 opinions
- National Bank of Cleburne v. CarperCourt of Appeals of Texas · 1902
- Geo. A. Hormel Company v. First National BankSupreme Court of Minnesota · 1927
- Iowa Nat. Bank v. ShermanSouth Dakota Supreme Court · 1903
- E. S. Woodworth & Co. v. CarrollSupreme Court of Minnesota · 1907
- Live Stock State Bank v. First Nat. BankDistrict Court, D. Idaho · 1924
6 more not listed; retrieve them via the Exa API.