Money, when paid into a bank, ceases altogether to be the money of the principal; it is then the money of the banker, who is bound to return an equivalent by paying a similar sum to that deposited with him when he is asked for it. The Theory and Practice of Banking - Page 269de Henry Dunning Macleod - 1875Affichage du livre entier - À propos de ce livre
| Leone Levi - 1863 - 570 pages
...banker, with which the banker may do what he pleases, the only obligation which he contracts being to return an equivalent, by paying a similar sum to...that deposited with him, when he is asked for it. Such relation does not partake of a fiduciary character, nor bear analogy to the relation between principal... | |
| Great Britain. Privy Council. Judicial Committee, Edmund F. Moore - 1864 - 596 pages
...circumstances, could be considered and dealt with as a Trustee ; Lord Cottenham says, at page 36: " Money, when paid into a Bank, ceases altogether to be the money of the Principal (b) ; it is then the money of the Banker, who is bound to return an equivalent by paying a similar... | |
| Anthony L. Robertson - 1868 - 780 pages
...would make no difference, in respect to the ownership of the money, or the right to sue for it. " Money paid into a bank ceases altogether to be the money of the party paying it in ; it is the money of the banker, who is bound to return an equivalent by paying... | |
| Great Britain. Parliament. House of Lords, Charles Clark, William Finnelly - 1870 - 718 pages
...the authorities, which have been quoted, and to the nature of the connection between the parties.1 Money, when paid into a bank, ceases altogether to be the money of the principal ; a it is then the money of the banker, who is bound to return an equivalent by paying a similar sum... | |
| Samuel Orchart Beeton - 1873 - 304 pages
...simply that of debtor and creditor. When money is paid into the banker's hands it becomes his, and he " is bound to return an equivalent by paying a similar sum to that deposited with him, wnen he is asked for it." If, however, he is asked to invest money or apply it to some specific purpose,... | |
| Samuel Orchart Beeton - 1875 - 648 pages
...simply that of debtor and creditor. When money is paid into the banker's hands i becomes his, and he " is bound to return an equivalent by paying a similar...that deposited with him, when he is asked for it." If, lowever, he is asked to invest money or apply t to some specific purpose, and he undertakes to... | |
| United States. Circuit Court (7th Circuit), Josiah Hooker Bissell - 1876 - 590 pages
...principal and agent or factor, and does not partake of a fiduciary character. It is there said, that " money, when paid into a bank, ceases altogether to...that deposited with him, when he is asked for it. * * * He is guilty of no breach of trust in employing it; * * * he is not bound to keep it or deal... | |
| Henry Dunning Macleod - 1881 - 450 pages
...Cottenham — ' Money when paid into a bank ceases altogether to be the money of the principal : it is the money of the banker, who is bound to return an...similar sum to that deposited with him, when he is called for it. The money paid into the banker's is money known by the principal to be placed there... | |
| Henry Dunning Macleod - 1881 - 452 pages
...relation between banker and customer that we may quote the words of Lord Chancellor Cottenham — ' Money when paid into a bank ceases altogether to be the money of the principal : it is the money of the banker, who is bound to return an equivalent by paying a similar sum to that deposited... | |
| Charles Greenstreet Addison - 1881 - 800 pages
...the banker is to have the use of the money in return for his consent to take charge of it. (/z) ' " Money, when paid into a bank, ceases altogether to be the money of the depositor ; it is then the money of the banker, who is bound to return an equivalent by paying a (g)... | |
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