Legal Opinion
Williams v. Peoples Bank
Supreme Court of North Carolina
Decided September 17, 1924PublishedCited by 5 opinions
1Opinion of the CourtClarkson, J.
Tbe only question involved in this controversy is: “Was C. H. Godwin, tbe cashier of tbe defendant bank, tbe agent of plaintiff, P. W. Williams?” If be was, tbe plaintiff cannot recover. If be was tbe agent of tbe bank, tbe plaintiff can recover. •
“Tbe cashier of a bank is tbe chief executive officer. Still be is but an agent of tbe bank, and bis acts are governed by tbe general rules applicable to agents, and if be exceeds bis authority bis acts will not bind tbe bank.” 3 R. C. L., sec. 71, p. 444.
When tbe plaintiff delivered to defendant bank’s cashier, Godwin, tbe $1,400 note and deed in…
2Cases cited5 opinions
- Leduc v. . MooreSupreme Court of North Carolina · 1892
- City National Bank of Fort Worth v. MartinTexas Supreme Court · 1888
- Grady v. Pink Hill Bank & Trust Co.Supreme Court of North Carolina · 1922
- Goshorn v. People's National BankIndiana Court of Appeals · 1903
- Phillips v. . HensleySupreme Court of North Carolina · 1917
3Cited by5 opinions
- Stansell v. . PayneSupreme Court of North Carolina · 1925
- First Nat. Bank of Kiowa v. MeeSupreme Court of Oklahoma · 1927
- Quarries Co. v. . BankSupreme Court of North Carolina · 1925
- Indiana Quarries Co. v. Angier Bank & Trust Co.Supreme Court of North Carolina · 1925
- Galloway v. . CarterSupreme Court of North Carolina · 1888