Legal Opinion
Bassett v. Mechanics Bank
Supreme Court of Connecticut
Decided June 8, 1934PublishedCited by 2 opinions
1Opinion of the CourtBaptks, J.
On or before June 8th, 1932, the defendant bank received for collection a draft for $644.24, drawn by the Hungarian Flour Mills of Denver, Colorado, on Standard Flour Company, Inc., of New Haven, upon the margin of which was printed the following legend: “This draft is for collection only and is not to be treated as a deposit. Funds obtained through its collection are to be remitted to us and are not to be commingled with other funds of the collecting bank.” The draft was accompanied by a letter of transmittal which contained the following request: “Please present for collection and remit…
2Cases cited7 opinions
- Lippitt v. Thames Loan & Trust Co.Supreme Court of Connecticut · 1914
- McDonald v. Hartford Trust Co.Supreme Court of Connecticut · 1926
- Bassett v. City Bank & Trust Co.Supreme Court of Connecticut · 1932
- Matter of International M. Co. (Broderick)New York Court of Appeals · 1932
- Kansas Flour Mills Co. v. New State Bank of WoodwardSupreme Court of Oklahoma · 1926
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3Cited by2 opinions
- Richmond v. LevinConnecticut Superior Court · 1937
- Richmond v. LevinConnecticut Superior Court · 1937