Adams County v. Meadows Valley Bank

BAKER, District Judge.

On January 8, 1926, the tax collector of the plaintiff delivered at his office to the cashier of the defendant bank, which was then a public depository, certain checks, totaling the sum of $1,392.64, drawn against sufficient accounts by depositors in the First Bank of Council. A deposit slip containing the statement that “checks and drafts credited subject to payment” was prepared in the office of the tax collector and duplicate was retained by him. On the following day the deposit was entered on the books of the bank and the account of the tax collector was credited…