Pope v. Ramsey County State Bank
Supreme Court of Minnesota
Action in the district court for Ramsey county by the receiver of the First State Bank of McIntosh to recover $2,010. The facts are stated in the opinion. The case was tried before Hanft, J., who granted plaintiff’s motion to instruct the jury to return a verdict in favor of plaintiff for the full amount demanded. From the judgment entered pursuant to the verdict, defendant appealed.
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Action in the district court for Ramsey county by the receiver of the First State Bank of McIntosh to recover $2,010. The facts are stated in the opinion. The case was tried before Hanft, J., who granted plaintiff’s motion to instruct the jury to return a verdict in favor of plaintiff for the full amount demanded. From the judgment entered pursuant to the verdict, defendant appealed. That an officer of a bank pays his individual debt with the money of his bank in the form of draft, certified check or currency, does not entitle the bank to recover from the payee. Goshen Nat. Bank v. State, 141…
1Opinion of the CourtHolt, J.
In January, 1914, Harry A. Lamb was president of the First State Bank of McIntosh, South Dakota. The bank formerly had a cashier but he had been dispensed with. Lamb and his wife, Ruby L. Lamb, who officiated under the name of assistant cashier, conducted the active operation of the bank. The directors other than Lamb were all nonresidents. This bank carried a deposit with defendant and Lamb was a stockholder in defendant bank. Defendant’s officers knew that Lamb was president of .the McIntosh bank. Lamb and his wife became indebted to defendant in the sum of $2,000 evidenced by a promissory…
2Cases cited10 opinions
- Claflin v. Farmers' & Citizens' Bank of Long IslandNew York Court of Appeals · 1862
- Rochester & Charlotte Turnpike Road Co. v. PaviourNew York Court of Appeals · 1900
- Kenyon Realty Co. v. National Deposit BankCourt of Appeals of Kentucky · 1910
- Lamson v. BeardCourt of Appeals for the Seventh Circuit · 1899
- Anderson v. KissamU.S. Circuit Court for the District of Southern New York · 1888
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3Cited by7 opinions
- Hommerberg v. State Bank of SlaytonSupreme Court of Minnesota · 1927
- Fine v. Harney County National BankOregon Supreme Court · 1945
- Darelius v. Commonwealth Mortgage Co.Supreme Court of Minnesota · 1922
- Columbia Bank v. MorganWisconsin Supreme Court · 1929
- United States Fidelity & Guaranty Co. v. Metropolitan Nat. BankDistrict Court, D. Minnesota · 1932
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