Legal Opinion

Linn County v. Farmers' & Merchants' Bank

Supreme Court of Missouri

Decided June 9, 1903PublishedCited by 1 opinion

Appeal from Linn Circuit Court. — Hon. Jno. P. Butter, Judge. (1) If $359.70, the amount of the judgment was retained by defendants as a credit due plaintiff on account of interest, it was by mistake. .However, the total sum of $722.77 was paid to the county treasurer by defendants covering the entire term of two years from May 4, 1897, to May 2, 1899, at four and one-twentieth per cent interest on all daily balances, which were paid to said county monthly, accepted and…

Read the full summary

Appeal from Linn Circuit Court. — Hon. Jno. P. Butter, Judge. (1) If $359.70, the amount of the judgment was retained by defendants as a credit due plaintiff on account of interest, it was by mistake. .However, the total sum of $722.77 was paid to the county treasurer by defendants covering the entire term of two years from May 4, 1897, to May 2, 1899, at four and one-twentieth per cent interest on all daily balances, which were paid to said county monthly, accepted and received by him as such treasurer, without protest or objection, as a true and correct account, computed on all daily…

1Opinion of the Court

BUEGESS, J. J.

— This is an action to recover $424.50, claimed to be the balance due plaintiff by defendants as depository of its funds for two years from the 4th day of May, 1897, at four and one-twentieth per cent interest, on daily balances. Plaintiff had 'judgment for the sum of $359.70. Defendants appeal.

The facts briefly stated are, that the Farmers ’ and Merchants’ Bank was at the time of the institution of this suit on April 18,1900, and prior thereto, a partnership banking institution, and C. W. Trumbo, O. E. Trumbo, Marion Cave, Lee Meyer and James Brown were the partners and as such…

2Cases cited4 opinions

  1. Reid v. MullinsSupreme Court of Missouri · 1869
  2. Westcott v. De MontrevilleSupreme Court of Missouri · 1860
  3. Engel v. DresselMissouri Court of Appeals · 1887
  4. State ex rel. Keithly v. GrupeSupreme Court of Missouri · 1865

3Cited by1 opinion

  1. Moran v. StewartSupreme Court of Missouri · 1912

Showing a preview — retrieve the full document via the Exa API.

Powered by the Exa API