Putnam Sav. Bank v. Beal
U.S. Circuit Court for the District of Massachusetts
In Equity. Suit by tbe Putnam Savings Bank against Thomas P. Beal, receiver of the Maverick National Bank. On demurrer to petition.
1Opinion of the Court
COLT, Circuit Judge.
The Maverick Bank agreed to sell to the plaintiff $25,000 five-year city of Duluth bonds, for which the plaintiff remitted its check for $25,000. Not being able at once to procure all the bonds, the bank proposed to set aside $17,000 five-year bonds, and $8,000 one-year bonds, and to exchange the one-year bonds for five-year bonds as soon as received. This proposition was accepted. Accordingly the clerk having charge of the bond department of the bank gave directions to another clerk, under him, to make a package of $17,000 five-year bonds and $8,000 one-year bonds, mark…
2Cases cited4 opinions
- Christmas v. RussellSupreme Court of the United States · 1872
- Winsor v. McLellanU.S. Circuit Court for the District of Massachusetts · 1843
- Dickenson v. PhillipsNew York Supreme Court · 1847
- Dugan v. NicholsMassachusetts Supreme Judicial Court · 1878
3Cited by1 opinion
- Cushing v. ChapmanU.S. Circuit Court for the District of Eastern Missouri · 1902