Baker v. First National Bank
Idaho Supreme Court
APPEAL from the District Court of the Seventh Judicial District for the County of Canyon. Hon. Ed. L. Bryan, Judge. Action to recover money claimed to be due as balance of a bank deposit. Judgment for plaintiff and defendant appealed. The defendant bank, under the law, was obliged to accept and act upon the oral orders of Van R. Squire, in the handling of the Squire & Baker account.
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APPEAL from the District Court of the Seventh Judicial District for the County of Canyon. Hon. Ed. L. Bryan, Judge. Action to recover money claimed to be due as balance of a bank deposit. Judgment for plaintiff and defendant appealed. The defendant bank, under the law, was obliged to accept and act upon the oral orders of Van R. Squire, in the handling of the Squire & Baker account. (Hamm v. Smford (Or.), 137 Pac. 772.) The bank had a lien on all the funds in the Squire & Baker account up to March 17, 1909, when the indebtedness of that account was finally paid. And- after that time the bank…
1Opinion of the CourtAilshie, C. J.
This action was instituted by the plaintiff against the defendant bank to recover the sum of $3,633.33, claimed as a balance due on an account that was opened with the bank in the summer of 1908 in the name of Squire & Baker. The account was opened in the first place by an overdraft of $12,340, the check was signed by Squire & Baker, and the money was used in the purchase of cattle. The cattle were subsequently sold from time to time and the receipts from the sale were turned over to the bank in reduction and payment of this overdraft. In May, 1909, the deposits from sales of cattle had paid…
2Cases cited1 opinion
- Hanan v. SanfordOregon Supreme Court · 1914
3Cited by3 opinions
- Idaho Gold Dredging Corp. v. Boise Payette Lumber Co.Idaho Supreme Court · 1943
- Poulsen v. New Sweden Irr. Dist.Idaho Supreme Court · 1946
- Montgomery v. GrayIdaho Supreme Court · 1914