Eisendrath v. Bank of America
California Court of Appeal
1Opinion of the CourtWhite, P. J.
Plaintiffs appeal from an adverse judgment in an action whereby they sought to recover the amount of a deposit in the defendant bank. The bank had exercised its right of “offset” by debiting the plaintiffs’ account for $50,000, the limit of plaintiffs’ guaranty upon accounts receivable of Empire Jewelry Company which had been bought by the bank.
Empire Jewelry Company, a corporation, of which plaintiff Philip S. Eisendrath was a stockholder and officer, on July 21, 1947, entered into an agreement with Bank of America, entitled “Instalment Paper Indirect Collection,” the pertinent provisions…
2Cases cited13 opinions
- Nichols v. MitchellCalifornia Supreme Court · 1948
- Gonsalves v. Bank of America National Trust & Savings Ass'nCalifornia Supreme Court · 1940
- Tesseyman v. FisherCalifornia Court of Appeal · 1952
- Arnold v. San Ramon Valley BankCalifornia Supreme Court · 1921
- Goldring v. GoldringCalifornia Court of Appeal · 1949
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3Cited by8 opinions
- Jessup Farms v. BaldwinCalifornia Supreme Court · 1983
- Hickson v. ThielmanCalifornia Court of Appeal · 1956
- Brunswick Corp. v. HaysCalifornia Court of Appeal · 1971
- American Guaranty Corp. v. StoodyCalifornia Court of Appeal · 1964
- Katz v. HaskellCalifornia Court of Appeal · 1961
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