Legal Opinion

Harper v. Merchants' & Planters' Nat. Bank of Mt. Vernon

Court of Appeals of Texas

Decided February 1, 1934No. 4471PublishedCited by 3 opinions

1Opinion of the CourtLev'S, Justice

(after stating the case as above).

The first and principal point for decision is that of whether or not the alleged transaction was in the circumstances a bailment to the bank as such, imposing a relation of •duty or trust in respect to the bonds and with legal responsibility for their loss.

The material facts affirmatively appear without dispute that the guardian, a general depositor in the bank, requested the cashier of the bank to purchase for his ward’s estate United States Liberty bonds to the amount of $2,500; that the cashier purchased the bonds, and the guardian as such paid “the bank”…

2Cases cited23 opinions

  1. New Orleans v. Citizens' BankSupreme Court of the United States · 1897
  2. California Bank v. KennedySupreme Court of the United States · 1897
  3. President of the Monongahela Bridge Co. v. United StatesSupreme Court of the United States · 1910
  4. Logan County National Bank v. TownsendSupreme Court of the United States · 1891
  5. National Bank v. GrahamSupreme Court of the United States · 1880

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3Cited by3 opinions

  1. Jones v. GibbsTexas Supreme Court · 1939
  2. Martin v. First State Bank, MemphisCourt of Appeals of Texas · 1973
  3. Rhodes v. TurnerCourt of Appeals of Texas · 1943

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