Bedford Bank v. Acoam
Indiana Supreme Court
From the Lawrence Circuit Court.
1Opinion of the CourtMitchell, J.
— On the 8th day of May, 1888, John W. Acoam had a sum of money on general deposit in the Bedford Bank, in Bedford, Indiana. The bank on that day received a note, endorsed to it for collection, payable by the depositor to Stone Sons & Co., at the Bedford Bank. The bank remitted the amount due on the note to its correspondent, and charged the account of its depositor with the sum remitted. This was done without notice to the depositor, or other authority, except such as the law implies, from the fact that the note was negotiable and payable at the bank, and was duly endorsed and sent to it for…
2Cases cited7 opinions
- &198tna National Bank v. . Fourth National BankNew York Court of Appeals · 1871
- Indig v. . National City BankNew York Court of Appeals · 1880
- Grissom v. Commerial National BankTennessee Supreme Court · 1889
- Lamb v. MorrisIndiana Supreme Court · 1889
- Ridgely National Bank v. Patton & HamiltonIllinois Supreme Court · 1884
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3Cited by9 opinions
- State v. BeachIndiana Supreme Court · 1897
- Citizens National Bank v. Mid-States Development Co.Indiana Court of Appeals · 1978
- Union National Bank v. Citizens BankIndiana Supreme Court · 1899
- Teeters v. City National Bank of AuburnIndiana Supreme Court · 1938
- Kerbaugh v. NugentIndiana Court of Appeals · 1911
4 more not listed; retrieve them via the Exa API.