Trapp v. Fidelity National Bank
Court of Appeals of Kentucky
Case 76 — PETITION EQUITY 1. The charter and by-laws of the Swift Iron & Steel Works prohibited the treasurer from executing the notes and checks in controversy. Harper was vice-president of the bank, and president of Swift’s Iron & Steel Works, and he knew the provisions and restrictions of the charter and by-laws of the Iron & Steel Works, and his knowledge was the knowledge of the bank and notice to it of the want of authority.
Read the full summary
Case 76 — PETITION EQUITY 1. The charter and by-laws of the Swift Iron & Steel Works prohibited the treasurer from executing the notes and checks in controversy. Harper was vice-president of the bank, and president of Swift’s Iron & Steel Works, and he knew the provisions and restrictions of the charter and by-laws of the Iron & Steel Works, and his knowledge was the knowledge of the bank and notice to it of the want of authority. Chemical National Bank v. Wagner, Assignee, 14 Ky., Law Rept., 520; Drake v. Hudson R. R. Co., 7 Bar., 508; Cummins v. Webster, 14 Me., 192; Flint v. Powers, 99…
1Opinion of the CourtChief Justice Lewis
March 1, 1SS6, the Fidelity National Bank of Cincinnati, O., was organized and began business on a capital of $1,000,-000, E. L. Harper being vice-president and general manager, but June 21, 1887, it was by the comptroller of currency found to be insolvent, and David Armstrong appointed receiver.
March 1, 1886, the Swift Iron and Steel Works was, and for several years had been, a corporation doing business in Newport, Ivy., E. L. Harper being president and principal stockholder, but June 21, 1887, it was also found to. be in■solvent, and made an assignment for benefit of creditors, Adam Wagner…
2Cited by3 opinions
- Kenyon Realty Co. v. National Deposit BankCourt of Appeals of Kentucky · 1910
- BancoKentucky Co.'s Receiver v. National Bank of Kentucky's ReceiverCourt of Appeals of Kentucky (pre-1976) · 1939
- Sapulpa Co. v. State Ex Rel. LankfordSupreme Court of Oklahoma · 1917