State Nat. Bank of Springfield v. Dodge

Citations

• 124 U.S. 333
• 8 S. Ct. 521
• 31 L. Ed. 458
• 1888 U.S. LEXIS 1865

Syllabus

<p>A District Court of the United States deposited in a national bank bankruptcy moneys, which were entered hy the bank to the credit of the court, in an account with the court. Each entry of a deposit in the books of the bank, and in the deposit book of the court, had opposite to it a number, consisting of four figures, which the bank understood to indicate a particular case in bankruptcy — in the present instance, No. 2105. A check was drawn on the bank by the court, to pay a dividend in case No. 2105. Payment of it was refused by the bank, on the ground that it had no money on deposit to the credit of the court, it having paid out all money deposited by the court. Some of such money deposited with the number 2105 had been paid out by the bank on checks drawn bearing another number than 2105. There was enough money deposited with the number 2105, and not paid out on checks .bearing the number 2105, to-pay the check in question. In a suit against the bank by the payee in such check to recover the amount of the dividend, Held, that the bank was not liable.</p>