McKeen v. Boatmen's Bank
Missouri Court of Appeals
Appeal from the St. Louis City Circuit Court. — Hon. Pembroke R. Flitcraft, Judge. The relation between a bank and a depositor therein is that of debtor and creditor. 1 Morse on Banks and Banking [3' Ed.], sec. 289; Newark on Bank Deposits, sec. 103; Bank v. Risley, 111 U. S. 125-127; Bank-v. Morgan, 117 U. S. 104-106; State v. Reid, 125 Mo. 51; Knecht v. U. S. Sav. Inst., 2 /Mo.
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Appeal from the St. Louis City Circuit Court. — Hon. Pembroke R. Flitcraft, Judge. The relation between a bank and a depositor therein is that of debtor and creditor. 1 Morse on Banks and Banking [3' Ed.], sec. 289; Newark on Bank Deposits, sec. 103; Bank v. Risley, 111 U. S. 125-127; Bank-v. Morgan, 117 U. S. 104-106; State v. Reid, 125 Mo. 51; Knecht v. U. S. Sav. Inst., 2 /Mo. App. 564. It therefore follows that the entry of debits and credits in the customer’s pass-book and striking a balance, and delivering the book with canceled checks by the bank to the depositor, constitutes in law…
1Opinion of the CourtBland, P. J.
— The petition stated that the plaintiffs (respondents) were members of a copartnership doing a general commission business in the city of St. Louis, under the partnership name of M. M. McKeen & Company; that defendant is a banking corporation organized under the laws of the state of Missouri and doing a banking business in the same city; that for many years past the plaintiffs had been in the habit of keeping on deposit with the defendant bank large sums of money, in the name of M. M. McKeen & Company; that prior to May 23, 1895, they deposited with thd] defendant $480 to be paid to them on…
2Cases cited20 opinions
- Leather Manufacturers' Bank v. MorganSupreme Court of the United States · 1886
- Ketchum v. DuncanSupreme Court of the United States · 1878
- Hardy v. Chesapeake BankCourt of Appeals of Maryland · 1879
- Weisser v. . DenisonNew York Court of Appeals · 1854
- Welsh v. . German American BankNew York Court of Appeals · 1878
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3Cited by15 opinions
- Kenneth Investment Co. v. National BankMissouri Court of Appeals · 1902
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- Friedman Keller & Co. v. OlsonMissouri Court of Appeals · 1915
- Kenneth Investment Co. v. National Bank of the Republic of St. LouisMissouri Court of Appeals · 1903
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