Sabine Canal Co. v. Crowley Trust & Savings Bank

"THOMPSON, J.

The plaintiff sues to be decreed the owner of $5,000 in money and an exchange on a New Orleans bank, drawn by the Bank of Acadia, payable to the defendant bank for $8,740.77, and which money and exchange were found in the defendant bank when it failed to open for business and was taken in charge for liquidation by the commissioner of state banks on the morning of January 23, 1926.

The claim of ownership is predicated upon the fact that the money and exchange referred to was the proceeds of certain items which had been sent to the defendant bank for collection and had been…