Anacostia Bank v. United States Fidelity & Guaranty Co.

EDGERTON, Associate Justice.

A child’s mother was appointed its guardian, and deposited guardianship funds in appellant bank. The bank gave her, as guardian, a deposit receipt which bore four per cent interest. She afterwards borrowed money from the bank, at six per cent, for her personal use, on a note which she signed personally and not as guardian. As security for this personal note, and certain additions and renewals, the hank took from her the deposit receipt, and successive receipts, which purported to belong and did belong to her as guardian. She did not pay her personal note at…