Legal Opinion
Foster v. Federal Reserve Bank of Philadelphia
District Court, E.D. Pennsylvania
Decided July 25, 1939No. 20582PublishedCited by 2 opinions
1Opinion of the Court
KIRKPATRICK, District Judge.
Trial was to- the Court without a Jury, and the evidence consisted entirely of two stipulations, which are adopted as the Court’s separate findings of fact. The case presented is as follows:
Vertex Hosiery Company of Allentown, Pennsylvania, sent its' check for $9,258.05 drawn upon the First National Bank of Lehighton,' to Foster ■ Hosiery ■ Mills of North Carolina. Foster deposited it for collection only, with its local bank, .which, through correspondents, sent it to the Federal Reserve Bank of Philadelphia. The Philadelphia Bank presented it to the Lehighton…
2Cases cited9 opinions
- Oddie v. . the Nat. City Bank of New YorkNew York Court of Appeals · 1871
- National Bank v. BerrallSupreme Court of New Jersey · 1904
- Huffman v. Farmers' Nat. Bank of Cross PlainsCourt of Appeals of Texas · 1928
- Greenwich Bank v. Commercial Banking Corp.Superior Court of Pennsylvania · 1924
- Hamburger Bros. & Co. v. Third National Bank & Trust Co.Supreme Court of Pennsylvania · 1939
4 more not listed; retrieve them via the Exa API.
3Cited by2 opinions
- First Trust & Savings Bank of Zanesville, Ohio v. Fidelity-Philadelphia Trust CoCourt of Appeals for the First Circuit · 1954
- Foster v. Federal Reserve Bank of PhiladelphiaCourt of Appeals for the Third Circuit · 1940