Citizens' National Bank v. Hooper
Court of Appeals of Maryland
Appeal from tbe Court of Common Pleas of Baltimore City. James A. Hooper, a note and bill broker, trading under tbe name of Hooper, Reese & Co., bad large dealings with tbe Citizens’ National Bank of Baltimore. He borrowed from time to time large, sums of' money from said bank, securing the payment thereof' by deposits of collaterals, which the bank used to allow him to withdraw next day on his giving his individual check for the amounts borrowed. Wm.
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Appeal from tbe Court of Common Pleas of Baltimore City. James A. Hooper, a note and bill broker, trading under tbe name of Hooper, Reese & Co., bad large dealings with tbe Citizens’ National Bank of Baltimore. He borrowed from time to time large, sums of' money from said bank, securing the payment thereof' by deposits of collaterals, which the bank used to allow him to withdraw next day on his giving his individual check for the amounts borrowed. Wm. E. Hooper & Sons, of Baltimore, placed in the hands of' said James A. Hooper, their promissory note at four months for $5000, payable to their…
1Opinion of the CourtAlvey, J.
This is an action of trover brought by the appellant against the appellees to recover the value of a promissory *97note for $5000, which had been pledged to the appellant by a certain James A. Hooper, as collateral security for a loan of money obtained by him.
The note was made by the appellees, payable to their own order at four months, and by them indorsed in blank, and in that condition they delivered it to James A. Hooper, a note and bill broker, to be sold for their account, with instructions not to sell it at a greater rate of discount than five and a half per cent, per annum. James A.…
2Cases cited1 opinion
- Maitland v. Citizens' National BankCourt of Appeals of Maryland · 1874
3Cited by7 opinions
- Dickey, Tansley & Co. v. Pocomoke City National BankCourt of Appeals of Maryland · 1899
- Whitmore v. Supreme Lodge Knights & Ladies of HonorSupreme Court of Missouri · 1889
- Coleman v. Supreme Lodge, Knights of HonorMissouri Court of Appeals · 1885
- Totten v. BucyCourt of Appeals of Maryland · 1882
- Valley Savings Bank v. MercerCourt of Appeals of Maryland · 1903
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