First National Bank v. New Castle

Citations

• 224 Pa. 285
• 73 A. 331
• 1909 Pa. LEXIS 780

Syllabus

<p>Municipalities — City treasurer — Implied contract — Lending money to treasurer.</p> <p>When a city treasurer, without the knowledge, consent or approval of the municipality, borrows money from a bank, though the same is placed to his official credit in an account kept by him with the bank, the city is under no liability to repay the same, and this is especially true when at the time the city treasurer borrows he is a defaulter. 6</p>