President, Directors & Co. of the City Bank v. Bangs
New York Court of Chancery
The City Bank having been robbed of a large sum of money, offered a reward of $10,000 for the recovery of the same, and a proportionate sum for any part thereof. The notice in which the reward was offered stated the several kinds of money and bank notes stolen, and about the amount of each, in round numbers. The aggregate of the amounts thus stated was a little less than $225,000, the real amount of the loss not having been then ascertained by the officers of the bank.
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The City Bank having been robbed of a large sum of money, offered a reward of $10,000 for the recovery of the same, and a proportionate sum for any part thereof. The notice in which the reward was offered stated the several kinds of money and bank notes stolen, and about the amount of each, in round numbers. The aggregate of the amounts thus stated was a little less than $225,000, the real amount of the loss not having been then ascertained by the officers of the bank. It was afterwards discovered that the actual loss was $248,764 ; of which sum $185,602 was recovered through the agency of…
1Opinion of the Court
The Chancellor.
It seems from the answer of the defendant Bangs, that he claims from the complainants an amouót beyond that which is claimed by the other defend, ants, and which exceeds the amount paid into court. As to that claim there, can be no decree that the defendants interplead. And even if this court should put the construction on the bank notice, which is contended for by Bangs, there is not before me any evidence of his right, to enable me to make a decree in his favor against the complainants. I see no other remedy than to permit Bangs to proceed with his suit at law to recover that…
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