Green v. Odd Fellows' Savings & Commercial Bank

Citations

• 65 Cal. 71
• 2 P. 887
• 1884 Cal. LEXIS 444

Syllabus

<p>LnurrATioN—Banking Corporations—Depositoe.—Where one banking corporation takes from another an assignment of all of its property and as a consideration agrees to pay all of the debts and liabilities of the assignor, and proceeds to conduct the business of banking, and credits a depositor of the former bank with the amount of his deposit upon its own books of account, it assumes towards the depositor the same relation that its assignor bore. The creditor is a depositor with the bank, and his claim cannot be barred by the Statute of Limitations.</p>