First American Bank & Trust Co. v. Town of Palm Beach
Supreme Court of Florida
1Opinion of the CourtBuford, J.
Two eases have been consolidated. Farmers Bank and Trust Company was a State Banking Corporation doing business in West Palm Beach, Florida. It had financial reverses and was compelled to close its doors under the state banking laws. At the time the bank closed its doors the Town of Palm Beach had on deposit therein approximately $1,162,755.54. The Board of Commissioners of Lake Worth Inlet District had on deposit in the bank at that time approximately $1,593,522.92. Each of the depositors had demanded and received certain collateral in the form of securities and surety bonds. After the bank…
2Cases cited14 opinions
- Merrill v. National Bank of JacksonvilleSupreme Court of the United States · 1899
- Chemical Nat. Bank v. ArmstrongCourt of Appeals for the Sixth Circuit · 1893
- Commercial Banking & Trust Co. v. Citizens Trust & Guaranty Co.Court of Appeals of Kentucky · 1913
- Ward v. JohnsonIllinois Supreme Court · 1880
- Ahl v. RhoadsSupreme Court of Pennsylvania · 1877
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3Cited by28 opinions
- City of Marion v. SneedenSupreme Court of the United States · 1934
- McNair v. KnottSupreme Court of the United States · 1937
- United Security Trust Company CaseSupreme Court of Pennsylvania · 1936
- Sneeden v. City of Marion, Ill.Court of Appeals for the Seventh Circuit · 1933
- Bliss v. MasonNebraska Supreme Court · 1931
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