A Treatise On the Law of Banks And Banking volume 1

Cover A Treatise On the Law of Banks And Banking volume 1
A Treatise On the Law of Banks And Banking volume 1
Thomas Johnson Michie
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Ren- ner v. Bank (U. S. ), 9 Wheat. 581, 6- L. Ed. 166; xMills v. Bank (U. S. ), 11 Wheat. 431, 6 L. Ed. 512; Bank v, Triplett (U. S. ), 1 Pet. 25. 7 L. Ed. 37; Fowler z'. Brantly (U. S. ), 14 Pet. 318, 10 L. Ed. 473; Wiseman r. Chiappella (U. S. ), 23 How. 368, 16 L. Ed. 466.
A reasonable custom or usage of a bank in the transaction of business with its customers, may be binding upon such customers, though not upon third persons vinless known and as- sented to by them. Renner z'. Bank (U. S. )
..., 9 Wheat. 581, 6 L. Ed. 166; Yeaton z: Bank (U. S. ), 5 Cranch 49, 3 L. Ed. 33.
A reasonable usage or custom of a l)ank in the transaction of business Avith its customers, particularly when universal among the banks of the lo- cality, is binding upon parties who have resorted to the bank governed by such usage, to make paper negotiable, whether such usage, is known to them or not. Bank r. Triplett (U. S. ), 1 Pet. 25, 7 L. Ed. 37, citing Renner v. Bank (U. S. ). 9 Wheat. 581, 6 L. Ed. 166; Mills z: Bank.


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