Legal Opinion

Ayres v. Farmers & Merchants Bank

Supreme Court of Missouri

Decided October 15, 1883PublishedCited by 31 opinions

Appeal from Jackson Special Law and Equity Court. — Hon. R. E. Cowan, Judge. The plaintiffs Ayres, Kinsey, Thomas & Smith were co-partners doing business under the firm name of the Citizens’ Bank.

1Opinion of the CourtHenry, J.

On August 1st, 1878, Wickstrum & Swinson drew their check on the defendant for $500 in favor of H. W. Baker & Co., who indorsed it to plaintiff for a valu*422able consideration, and plaintiff sent it to the Mastin Bank for collection and credit to plaintiff

There was evidence tending to prove a business arrangement between plaintiff and the Mastin Bank under which the amount of the check was passed to plaintiff’s credit upon receipt of the check, and plaintiff was immediately entitled to draw against it, and on the day it was transmitted plaintiff' drew upon the Mastin Bank for the full amount in…

2Cases cited8 opinions

  1. White v. National BankSupreme Court of the United States · 1881
  2. Sweeny v. EasterSupreme Court of the United States · 1864
  3. Scott v. . the Ocean Bank in the City of New YorkNew York Court of Appeals · 1861
  4. Lawrence v. Stonington BankSupreme Court of Connecticut · 1827
  5. Cecil Bank v. President of the Farmers BankCourt of Appeals of Maryland · 1864

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3Cited by31 opinions

  1. Paul v. DraperSupreme Court of Missouri · 1900
  2. Manufacturers' National Bank v. Continental BankMassachusetts Supreme Judicial Court · 1889
  3. Vickers v. Machinery Warehouse & Sales Co.Washington Supreme Court · 1920
  4. Noble v. DoughtenSupreme Court of Kansas · 1905
  5. Wasson v. LambIndiana Supreme Court · 1889

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