Legal Opinion
Forsythe v. First State Bank Ex Rel. Peyton
Supreme Court of Minnesota
Decided February 5, 1932No. 28,625PublishedCited by 7 opinions
1Opinion of the CourtWilson, C. J.
Defendant appealed from an order denying its motion for a new ■ trial.
Plaintiff made deposits in defendant bank between November 22, 1928, and November 28, 1928, inclusive, aggregating $2,339.02. The bank closed on November 30, 1928. Plaintiff sought to have his claim allowed as a preferred claim, but the commissioner of banks allowed it as a general claim only. In this action which followed, the court found for the plaintiff.
It is the Iuav that where a deposit is made in a bank Avhicli is hopelessly insolvent, to the knoAvledge of the bank the ordinary relation of debtor and creditor does…
2Cases cited26 opinions
- Peters v. BainSupreme Court of the United States · 1890
- St. Louis & San Francisco Railway Co. v. JohnstonSupreme Court of the United States · 1890
- Brennan v. TillinghastCourt of Appeals for the Sixth Circuit · 1913
- Washington Shoe Manufacturing Co. v. DukeWashington Supreme Court · 1923
- First Nat. Bank v. HummelSupreme Court of Colorado · 1890
21 more not listed; retrieve them via the Exa API.
3Cited by7 opinions
- Richfield Bank & Trust Co. v. SjogrenSupreme Court of Minnesota · 1976
- Boubelik v. Liberty State BankSupreme Court of Minnesota · 1996
- Illinois Cent. R. Co. v. RawlingsCourt of Appeals for the Fifth Circuit · 1933
- Garrett v. Tunnicliffe, as Liqdr.Supreme Court of Florida · 1932
- People ex rel. Nelson v. First State BankAppellate Court of Illinois · 1934
2 more not listed; retrieve them via the Exa API.