Legal Opinion

Gage Hotel Co. v. Union National Bank

Illinois Supreme Court

Decided February 14, 1898PublishedCited by 15 opinions

Appeal from the Appellate Court for the First District;—heard in that court on appeal from the Circuit Court of Cook county; the Hon. Abner Smith, Judge, presiding.

1Opinion of the CourtJustice Cartwright

Henry C. Knill was a depositor in the bank of appellee, and on June 21,1893, drew his check on appellee for $300, payable to the order of Leroy Payne, and delivered it to the payee. Payne on the same day endorsed the check and delivered it to appellant, who paid him $300 for it. Appellant deposited the check to the credit of its account with its bank, the Union Trust Company of Chicago, and the latter sent it through the clearing house, and it was presented to appellee for payment on June 23. On the day the check was drawn the amount of Knill’s deposit was $98.53, but he made subsequent…

2Cases cited2 opinions

  1. Bickford v. First National BankIllinois Supreme Court · 1866
  2. Fourth National Bank v. City National BankIllinois Supreme Court · 1873

3Cited by15 opinions

  1. Jackson Paper Manufacturing Co. v. Commercial National BankIllinois Supreme Court · 1902
  2. Kaesemeyer v. SmithIdaho Supreme Court · 1912
  3. First National Bank v. O'ByrneAppellate Court of Illinois · 1913
  4. Martin v. MartinAppellate Court of Illinois · 1900
  5. Loan & Savings Bank v. Farmers & Merchants BankSupreme Court of South Carolina · 1906

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