Grenada Bank v. Lester
Mississippi Supreme Court
Appeal from circuit court of Yalobusha county. Hon. E. D. Dinkins, Judge. Action by William Lester against the Grenada Bank. Judgment for plaintiff, and defendant appeals. Of course, it is a well-established rule of law that the failure to pay money when same is due and payable that the injured party may recover principal and lawful interest thereon.
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Appeal from circuit court of Yalobusha county. Hon. E. D. Dinkins, Judge. Action by William Lester against the Grenada Bank. Judgment for plaintiff, and defendant appeals. Of course, it is a well-established rule of law that the failure to pay money when same is due and payable that the injured party may recover principal and lawful interest thereon. But the courts seem to. hold that in an action against a bank for the wrongful refusal to honor a check of a depositor, there being sufficient funds, etc., that the rule of damages is an exception to the general rule, in that the injured party is…
1Opinion of the CourtHolden, J.
This is a suit for damages by appellee, William Lester, against the appellant, Bank of Grenada, for failure of the bank to honor his check when he had sufficient funds on deposit. From a judgment for five hundred dollars the bank appeals.
The Grenada Bank has two branches, one at Oakland and one at Charleston. B. S. Lester, father of appellee, deposited forty-three dollars and ten cents in the bank at Oakland for the credit of his son, William Lester. At the time of this deposit the bank had on its books the deposit accounts of one “Will Y. Lester” and one “Will Lester.” In posting the said…
2Cases cited8 opinions
- Patterson v. Marine N. BankSupreme Court of Pennsylvania · 1889
- Western Union Telegraph Co. v. RogersMississippi Supreme Court · 1891
- Spearing v. Whitney-Central Nat. BankSupreme Court of Louisiana · 1911
- Atlanta National Bank v. DavisSupreme Court of Georgia · 1895
- American National Bank v. MoreyCourt of Appeals of Kentucky · 1902
3 more not listed; retrieve them via the Exa API.
3Cited by13 opinions
- First National Bank v. LangleyMississippi Supreme Court · 1975
- Capece v. Allstate Ins.New Jersey Superior Court Appellate Division · 1965
- Gronquist v. Transit Casualty CompanyNew Jersey Superior Court Appellate Division · 1969
- Doherty v. Mississippi Power Co.Mississippi Supreme Court · 1937
- Howell Twp. v. SagorodnyNew Jersey Superior Court Appellate Division · 1957
8 more not listed; retrieve them via the Exa API.