Phœnix Bank v. Risley
Supreme Court of the United States
IN error to the court op appeals op the state op new tore. At the outbreak of the war the plaintiff in error was the correspondent in New York of the Bank of Georgetown in South Carolina, and had about $12,000 on deposit to the credit of the latter. On the 20th May, 1861, the Bank of Georgetown sold and assigned to the defendant in error $10,000 of this deposit.
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IN error to the court op appeals op the state op new tore. At the outbreak of the war the plaintiff in error was the correspondent in New York of the Bank of Georgetown in South Carolina, and had about $12,000 on deposit to the credit of the latter. On the 20th May, 1861, the Bank of Georgetown sold and assigned to the defendant in error $10,000 of this deposit. On the 4th January, 1864, the defendant in error demanded payment of the $10,000 of the plaintiff in error in New York. On the 5th January, 1864, proceedings were commenced for confiscating the deposit. The nature of these proceedings…
1Opinion of the CourtJustice Miller
This is a writ of error to the Court of Appeals of New York.
The defendant in error recovered against the plaintiff in error the sum of $10,000 and interest by the verdict of a jury, which found, as matter of fact, that the Bank of Georgetown, South Carolina, having a balance with the Phoenix Bank of New York on the 20th day of May, 1861, assigned to Risley, the plaintiff in the State court, $10,000 of that sum, of which the Phoenix Bank had due notice by demand made by Risley J anuary 4th, 1865. Risley v. Phœnix Bank, 83 N. Y. 518.
"With the questions which arose out of this transaction in the…
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