Taylor v. Dierks Lumber Coal Company

Hart, C. J.,

(after stating the facts). It has been uniformly held by this court that a general deposit of money in a bank passes the title immediately to the bank and establishes the relation of debtor and creditor between the bank and the depositor.' The bank is bound by an implied contract to honor the checks of the depositor to the extent of his deposit and becomes liable on its refusal to do so. Himstedt v. German Bank, 46 Ark. 537; Carroll County Bank v. Rhodes, 69 Ark. 43, 63 S. W. 68; Bank of Hatfield v. Chatham, 160 Ark. 530, 255 S. W. 31; and Arkansas Valley Bank v. Kelley, 176 Ark.…