Union Bank & Trust Co. v. Security-First National Bank
California Supreme Court
1Opinion of the Court
THE COURT.
We granted a hearing and transferred this cause to this court after decision of the District Court of Appeal, Second Appellate District, Division One, because we entertained serious doubt concerning the question of whether the cashier’s checks here involved were in truth “bearer paper”. There are respectable authorities relied upon by appellant which would sustain their contention to the contrary, but we have concluded that the better reasoning looks to the result reached by the District Court of Appeal. In the first place, it is to be observed that the faithless officer in this…
2Cases cited6 opinions
- Phillips v. Mercantile National BankNew York Court of Appeals · 1894
- Seaboard National Bank v. Bank of AmericaNew York Court of Appeals · 1908
- Snyder v. Corn Exchange National BankSupreme Court of Pennsylvania · 1908
- Coggill v. . the American Exchange BankNew York Court of Appeals · 1847
- Norton v. City Bank & Trust Co.Court of Appeals for the Fourth Circuit · 1923
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3Cited by25 opinions
- Callaway v. Hamilton Nat. Bank of WashingtonCourt of Appeals for the D.C. Circuit · 1952
- Home Indemnity Co. v. State BankSupreme Court of Iowa · 1943
- Liberty Mut. Ins. Co. v. First Nat. Bank in DallasTexas Supreme Court · 1951
- Security-First Nat. Bank v. United StatesCourt of Appeals for the Ninth Circuit · 1939
- Pacific Indemnity Co. v. Security First Nat. BankCalifornia Court of Appeal · 1967
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