Nebraska Reports Volume 4

Nebraska Reports Volume 4

By (author) 

List price: US$22.40

Currently unavailable

Add to wishlist

AbeBooks may have this title (opens in new window).

Try AbeBooks


This historic book may have numerous typos and missing text. Purchasers can usually download a free scanned copy of the original book (without typos) from the publisher. Not indexed. Not illustrated. 1876 edition. Excerpt: ...which 1c(lann brought from Vashington. It was not handed to me until I had consented to allow Pat. ()'Hawes to be paid the seven hnndr-ed' and fifty dollars. It was then Landed to me, and I indorsed it and handed it to Mcklann, who turned and handed it to the cashier or clerk that stood near, who must have heard the previous conversation, for without directions or instructions from 1cOann as to what was to be done with it, he took the treasury warrant so indorsed. and paid O'II-awes, as I supposed, the se'_en hundred and fifty dollars." This testimony is not contradicted. The rule is well settled that notice to a director or knowledge derived by him, while not engaged oflicially in the business of the bank, cannot operate to the prejudice of the latter; but n0tieeto the cashier of a bank ordinarily will be notice to the bank. Conant v. Seneca C-'mmt_//.B(L/LIL', 1_O/zio State. 298. Stwrges v. Bank qf (I'i1-('lee-ille, 11 121., 153. The president of a national bank, being a stockholder and director, is presumed to be desirous of promoting its welfare. He is its chief executive oflicer. and has a gen McCann v. The State. eral supervision of its affairs. Notice _to him will be notice to the hank. Porter 1: . Bank, 19 Vt., 410. In this case McCanu is shown to have drawn on New York, as president of the bank, for five hundred dollars, in favor of O'1Iawes as fees, which appears to have been paid and charged to the bank. It also appears that he received the drafts in the bank, as an oflicer of the bank; and he as presiding oflicer has verified the answer' of the bank in this case. It is claimed, liowever, that McCann received the drafts in his own name, and in a transaction of' his ovn separate and...
show more

Product details

  • Paperback | 186 pages
  • 189 x 246 x 10mm | 340g
  • United States
  • English
  • black & white illustrations
  • 1236958837
  • 9781236958839