Legal Opinion
Commonwealth v. Reading Savings Bank
Massachusetts Supreme Judicial Court
Decided May 15, 1882PublishedCited by 14 opinions
1Opinion of the CourtDevens, J.
The record in this case discloses a series of various and extensive frauds, practised by the treasurer of the defendant corporation and others, sometimes aided by him, upon innocent parties, who were induced to part with their money upon his oral statements and upon the collateral security of alleged bank-books, forged or fictitious, or on which nothing was due. The holders of these books contend that the bank is responsible for the wrongful acts of its treasurer, and must treat these books as valid securities. The bank has derived no advantage from these transactions, and no portion of the…
2Cases cited11 opinions
- Pierce v. Boston Five Cents Savings BankMassachusetts Supreme Judicial Court · 1880
- Reed v. Home Savings BankMassachusetts Supreme Judicial Court · 1881
- Huntington v. Savings BankSupreme Court of the United States · 1878
- President of the Salem Bank v. President of the Gloucester BankMassachusetts Supreme Judicial Court · 1820
- Garland v. President, Directors, & Co.Massachusetts Supreme Judicial Court · 1812
6 more not listed; retrieve them via the Exa API.
3Cited by14 opinions
- Schleifer v. Worcester North Savings InstitutionMassachusetts Supreme Judicial Court · 1940
- Forastiere v. Springfield Institution For SavingsMassachusetts Supreme Judicial Court · 1939
- Institution for Savings in Roxbury & its Vicinity v. Roxbury Home for Aged WomenMassachusetts Supreme Judicial Court · 1923
- Old Colony Trust Co. v. HaleMassachusetts Supreme Judicial Court · 1938
- Commonwealth v. Reading Savings BankMassachusetts Supreme Judicial Court · 1884
9 more not listed; retrieve them via the Exa API.