Garrison v. Union Trust Co.
Michigan Supreme Court
Appeal from Wayne; Donovan, J. Petition by William D. Garrison and Arthur Garrison, doing business under the name of Exchange Bank, against the Union Trust Company, receiver of the City Savings Bank of Detroit, for the return of a deposit made after the insolvency of defendant bank. The State Bank of Carson City also filed a petition praying for the return of a draft sent for collection. The petitions were heard as one, and from the order entered the Garrisons appeal.
1Opinion of the CourtBlair, J.
On January 30, 1902, the State Bank of Carson City sent to the City Savings Bank a sight draft drawn by the Rockafellow Grain Company, Limited, upon the Vernon Milling Company, at Vernon, Mich. The form of the draft was as follows:
“ $467.50. Carson City, Mich., Jany 29, 1902.
“For car No. 20714, at sight, pay to the order of E. C. Cummings, Cash’r, four hundred sixty-seven and 50 /100 Dollars.
“ Value received, and charge the same to account of “The Rockafellow Grain Co., Ltd.
“ Per F. A. Rockafellow, Mgr. “To Vernon Milling Co.
“No. 123 Vernon, Mich.
“Rockafellow Grain Co., Ltd.”
On a perforated…
2Cases cited12 opinions
- Commercial Bank of Pa. v. ArmstrongSupreme Court of the United States · 1893
- Wood v. Boylston National BankMassachusetts Supreme Judicial Court · 1880
- Muench v. Valley National BankMissouri Court of Appeals · 1881
- Wyman v. Colorado National BankSupreme Court of Colorado · 1879
- Wallace v. StoneMichigan Supreme Court · 1895
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3Cited by14 opinions
- Carnegie Trust Co. v. First National BankNew York Court of Appeals · 1915
- Arnold v. San Ramon Valley BankCalifornia Supreme Court · 1921
- Shotwell v. Sioux Falls Savings BankSouth Dakota Supreme Court · 1914
- Moore v. Greenville Banking & Trust Co.Supreme Court of North Carolina · 1919
- McAuley v. Morris Plan BankSupreme Court of Virginia · 1931
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