Metropolitan Trust Co. v. Federal Trust Co.
Massachusetts Supreme Judicial Court
Bill in equity, filed in the Superior Court on May 24,1917, by the Metropolitan Trust Company, a corporation having its principal office in Boston, against the Federal Trust Company, also a corporation having its principal office in Boston, Arthur E. Abbott, formerly employed by the defendant as a bookkeeper, and Albert Eugene Wood, formerly employed as a bookkeeper by the plaintiff, alleging that by conspiracy, fraud and falsification of accounts by the defendants Abbott…
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Bill in equity, filed in the Superior Court on May 24,1917, by the Metropolitan Trust Company, a corporation having its principal office in Boston, against the Federal Trust Company, also a corporation having its principal office in Boston, Arthur E. Abbott, formerly employed by the defendant as a bookkeeper, and Albert Eugene Wood, formerly employed as a bookkeeper by the plaintiff, alleging that by conspiracy, fraud and falsification of accounts by the defendants Abbott and Wood, the plaintiff was caused to pay to the defendant corporation the sum of $15,000, which amount previously had…
1Opinion of the CourtBraley, J.
The bill having been taken for confessed against the individual defendants, the trust company appealed from the decree establishing the plaintiff’s claim. The plaintiff within the issue raised by the pleadings was properly allowed to show all of the various financial transactions with which Abbott, the defendant’s employee, had been connected, even if in some instances their bearing on.his defalcations may have been somewhat remote. The extent of the inquiry into collateral or immaterial matters also was largely within the discretion of the judge, which does not appear to have been exercised…
2Cases cited11 opinions
- Atlantic Cotton Mills v. Indian Orchard MillsMassachusetts Supreme Judicial Court · 1888
- Jordan Marsh Co. v. National Shawmut BankMassachusetts Supreme Judicial Court · 1909
- National Bank of North America v. BangsMassachusetts Supreme Judicial Court · 1871
- Newell v. HadleyMassachusetts Supreme Judicial Court · 1910
- Agawam National Bank v. Inhabitants of South HadleyMassachusetts Supreme Judicial Court · 1880
6 more not listed; retrieve them via the Exa API.
3Cited by7 opinions
- National Shawmut Bank v. Fidelity Mutual Life InsuranceMassachusetts Supreme Judicial Court · 1945
- Boston Five Cents Savings Bank v. BrooksMassachusetts Supreme Judicial Court · 1941
- Jones v. SwiftMassachusetts Supreme Judicial Court · 1938
- Chapple v. Merchants National BankMassachusetts Supreme Judicial Court · 1933
- The Mechanics National Bank of Worcester v. Worcester County Trust Co.Massachusetts Supreme Judicial Court · 1960
2 more not listed; retrieve them via the Exa API.