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· 1/24/1914

Belsheim v. First National Bank

Citations

  • 77 Wash. 552
  • 137 P. 1055
  • 1914 Wash. LEXIS 941

Syllabus

<p>Banks and Banking — Deposits—Checks for Collection — Credits — Consideration. Where a bank received a check for collection, and made a credit thereon for accommodation only, there was no consideration for the credit, and the bank is entitled to charge off the credit, when the collection failed through no fault of the bank; and merely advising a customer that payment of the check could be stopped by wire does not charge the bank with the failure of the collection.</p>

Judges: Mount

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