Moore ex rel. German-American Mercantile Bank v. American Savings Bank & Trust Co.
Washington Supreme Court
Appeal from a judgment of the superior court for King county, Tallman, J., entered November 8, 1918, in favor of defendant, in an action by the state bank examiner on behalf of an insolvent bank, after a trial on the merits to the court.
1Opinion of the CourtBridges, J.
This was a suit by the appellant, as state bank examiner, on behalf of the German-American Mercantile Bank, of Seattle, an insolvent corporation, to recover of the respondent certain cash and securities which the German-American Mercantile Bank had. theretofore planed in the possession of the respondent.
The Seattle Clearing House is a voluntary association composed of certain, but not all, of the banking institutions in the city of Seattle. The chief purpose of the clearing house is “the effecting at one place of daily exchanges between members.” In the transaction of business each bank in…
2Cases cited5 opinions
- State Board of Agriculture v. Citizens Street Railway Co.Indiana Supreme Court · 1874
- Creditors Claim & Adjustment Co. v. Northwest Loan & Trust Co.Washington Supreme Court · 1914
- O'Brien v. . GrantNew York Court of Appeals · 1895
- Davenport v. . National Bank of Commerce in New YorkNew York Court of Appeals · 1909
- Davenport v. National Bank of CommerceAppellate Division of the Supreme Court of the State of New York · 1908
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- Washington Grocery Co. v. Citizens' BankWashington Supreme Court · 1925
- Power v. ChadwickWashington Supreme Court · 1932
- Korn v. Spokane & Eastern Trust Co.Court of Appeals for the Ninth Circuit · 1921