Legal Opinion

Gray v. First National Bank & Trust Co.

New York Court of Appeals

Decided February 27, 1934PublishedCited by 11 opinions

1Opinion of the CourtCrouch, J.

On March 3, 1933, the plaintiff had a savings account with the defendant bank, in which there was a balance of $27,728.07. About two-twenty o’clock p. M. on that day she went to the bank and stated that she wished to purchase at the then market price $10,000 par value of Fourth Liberty Loan four and one-quarter per cent bonds, the cost thereof to be charged to her savings account. She was told that the bank would put in an order to its brokers for the bonds, if plaintiff would sign the customary form. She thereupon signed the following order:

“ The First National Bank & Trust Co., 3 Main…

2Cases cited9 opinions

  1. Scott v. ArmstrongSupreme Court of the United States · 1892
  2. Davis v. Elmira Savings BankSupreme Court of the United States · 1896
  3. Merrill v. National Bank of JacksonvilleSupreme Court of the United States · 1899
  4. The People v. . the City Bank of RochesterNew York Court of Appeals · 1884
  5. Blakey v. BrinsonSupreme Court of the United States · 1932

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3Cited by11 opinions

  1. Swan Brewery Co. v. US Trust Co. of New YorkDistrict Court, S.D. New York · 1993
  2. In Re The Bennett Funding Group, Inc.Court of Appeals for the Second Circuit · 1998
  3. In Re the Bennett Funding Group, Inc.Bankruptcy Appellate Panel of the Second Circuit · 1997
  4. Hill v. Bank of San PedroCalifornia Court of Appeal · 1940
  5. Bank of America, N.A. v. Lehman Bros. Holdings Inc. (In Re Lehman Bros. Holding Inc.)United States Bankruptcy Court, S.D. New York · 2010

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