A Treatise On the Law of Banks And Banking volume 2

Cover A Treatise On the Law of Banks And Banking volume 2
A Treatise On the Law of Banks And Banking volume 2
Thomas Johnson Michie
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9. Revocation by writ of injunction. —Louisiana Ice Co. Z: State Xat. Bank (La. ), 1 McGloin 181.
10. Louisiana Ice Co. V. State Xat. Bank (La. ). 1 McGloin ISl.
11. Insolvency of bank as revoking agency. — Bank z: Oilman. 81 Hun 486. 30 X Y. S. Nil. 63 X. Y. St. Rep. 299. Affirmed in 152 X. Y. 634. 46 N E. 1145. See post. "Insolvency of Col- lecting Bank. " § 166.
12. Effect of canceling entry in bank book. — Bank z: Hr. Ggin-. 3 . \la. 2nr, .
13. Power to collect implied from character of bus
...iness. — Keyes z: Bank. 52 Mo. App. 323: Diamond Mill Co. ''. Groesbeeck Xat. Bank. 9 Tex. Civ. App. 31, 29 S. W. 169.
The collection of checks, bills of ex- change, drafts, notes, and accounts, is within the ordinary business of banks, in behalf of their customers. Jockusch V. Towsey, 51 Tex. 129.
It is a well-acknowledged tact that the collection of money for others is a part of the regular business of all banks, and when a bank opens its doors for business with the public, and places officers in charge, persons deal- ing with them in good faith, and with- out any notice of any want of author- ity in such officer, and the act done is in the apparent scope of the officer's authority, whether the officer was ac- tually clothed with such authority or not.


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