Legal Opinion
Collins v. Morgan County Nat. Bank
Supreme Court of Alabama
Decided March 23, 1933No. 8 Div. 459PublishedCited by 9 opinions
1Opinion of the Court
FOSTER, Justice.
The deposits of March 16 and 17, 1932, show clearly that the purpose was not intended to create the ordinary condition of a general deposit with the result of making the bank a general debtor. Morse on Banks, § 1S3. But the money was intended to remain in the same specie as when deposited. It was a special deposit. First National Bank v. Henry, 159 Ala. 367, 49 So. 97; Talladega Ins. Co. v. Landers, 43 Ala. 115, 138.
On both occasions the same three persons executed an instrument undertaking to describe, in some measure, the character of the arrangement as understood by all…
2Cases cited14 opinions
- In re Interborough Consol. Corp.Court of Appeals for the Second Circuit · 1923
- McKee v. LamonSupreme Court of the United States · 1895
- Washington Shoe Manufacturing Co. v. DukeWashington Supreme Court · 1923
- Alston v. StateSupreme Court of Alabama · 1890
- Ashurst v. AshurstSupreme Court of Alabama · 1912
9 more not listed; retrieve them via the Exa API.
3Cited by9 opinions
- Adams v. FarlowSupreme Court of Alabama · 1987
- Bromberg v. First Nat. Bank of MobileSupreme Court of Alabama · 1937
- Collins v. BaxterSupreme Court of Alabama · 1935
- Creel v. Birmingham Trust National BankDistrict Court, N.D. Alabama · 1974
- First City Nat. Bank v. Long-Lewis HardwareSupreme Court of Alabama · 1978
4 more not listed; retrieve them via the Exa API.