German Exchange Bank v. Board of Commissioners of Excise

I think that this action, which is one of strict interpleader, is well brought. It is supposed by the counsel for some of the defendants that a bank cannot maintain such action, but must unalterably respond to the person who made the deposit. But it will be found, upon examina*188tion, that a bank is not precluded from bringing such action when conflicting claims are made to moneys or property held by it on deposit; but, otherwise, upon general principles of equity jurisprudence, a bank may be entitled to relief by a bill of interpleader against separate and adversary claims of parties to the…