Digest of Decisions Relating to National Banks, 1912

Digest of Decisions Relating to National Banks, 1912

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This historic book may have numerous typos and missing text. Purchasers can download a free scanned copy of the original book (without typos) from the publisher. Not indexed. Not illustrated. 1912 edition. Excerpt: ...13 (U. S. C. C. A., 1909). A ruling on the admission of evidence will not be reversed for a different reason than that assigned in the trial court to sustain the objection. (Ib.) Evidence--Admissions &;/ coparty. 14 (U. S. C. C. A., 1909). In an action by a bank on a note given for the purchase price of certain stock, evidence that during the negotiations, prior to the signing of the contract for the sale of the stock, defendant C. admitted the interest of the other defendants in the contract was competent. (Ib.) Bills and notes--Indorsement--Action--Pleading. 15 (TJ. S. C. C. A., 1909). Plaintiff, who holds a note indorsed in blank, may declare on it as a note indorsed and delivered to plaintiff by the indorser, regardless of the number of hands through which it may have passed after such indorsement, or by the person from whom it had been actually received. (Ib.) OFFICERS--Continued. Powers Of Directors. Directors may empoiver officer to indorse bank's paper. 1 (U. S. Sup. Ct., 1899). In June. 1892, the United States National Bank of New York, by letter, solicited the business of the First National Bank of Little Rock, Ark. The latter, through its president, accepted the proposition and opened business by inclosing for discount notes to a large amount. This business continued for some months, the discounted notes being taken up as maturing, until the Arkansas bank suspended payment and went into the hands of a receiver. At that time the New York bank held notes to a large amount, which it had acquired by discounting them from the Arkansas bank. These notes have been duly protested for nonpayment, and payment of the fees of protest, made by the New York bank, had been charged to the Arkansas bank in account. The receiver refused to pay or allow...show more

Product details

  • Paperback | 440 pages
  • 189 x 246 x 23mm | 780g
  • Rarebooksclub.com
  • Miami Fl, United States
  • English
  • black & white illustrations
  • 1236659120
  • 9781236659125