Bank of Hatfield v. Chatham

Hart,-J.,

(after stating the facts)., . The first assignment of error is that the court erred in giving instruction No. 1, which is as follows: .“The court instructs the jury, that when Chatham deposited his money in the bank, it became, the property of the bank, and it could be paid out and charged to Chatham’s account only upon authority from Chatham.”

It has been repeatedly held by this court- that no principle of law is better established than that a genera] deposit of money in a bank, passes the title immediately . to the bank and establishes the relation of debtor and creditor, between…