Bank v. Gandy
Decision Date | 07 July 1881 |
Citation | 9 N.W. 566,11 Neb. 431 |
Parties | BANK v. GANDY. |
Court | Nebraska Supreme Court |
OPINION TEXT STARTS HERE
Error from York county.
France & Sedgwick, for plaintiff,
W. T. Scott, for defendant.
This is a controversy between the plaintiff in error and the Farmers' & Merchants' Bank of York, as garnishee of L. J. Gandy. The plaintiff recovered a judgment some time ago against the said Lemuel J. Gandy, and having caused an execution to be issued thereon and placed in the hands of the sheriff of York county, also sued out a process of garnishment against the Farmers' & Merchants' Bank of York county, as a debtor of the said Lemuel J. Gandy. The bank appeared, by its assistant cashier, and made the following disclosure: (?)
It thus appears that Mr. Gandy, the county treasurer, had deposited $1,500 of the money, which he had received from the tax payers of the county, in the Farmers' & Merchants' Bank. By means of the process of garnishment the district court was called upon to define the status of the money thus deposited, or rather the relationship assumed by the said Farmers' & Merchants' Bank towards individuals and the public by accepting such money as a general deposit, and placing...
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State v. Hill
...bailments, or the rights the beneficiary has in other sorts of trusts. The same criticism applies to First Nat. Bank of South Bend, Ind. v. Gandy, 11 Neb. 431. support of an argument on the proposition that the depositing of the money in the Capital National Bank by defendant Hill did not m......
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State v. Thum
... ... THUM, RECEIVER Supreme Court of Idaho December 16, 1898 ... PUBLIC ... MONEY-TRUST FUND, WHEN DEPOSITED IN BANK-BELONGS TO TRUE ... OWNER.-Public money deposited by a public officer in a bank ... becomes a trust fund, and not part of the estate of the bank, ... This could be done only by ... legislative authority, if at all. ( State v. Keim, 8 ... Neb. 63; Approved in First Nat. Bank v. Gandy, 11 ... Neb. 431, 9 N.W. 566; State v. Bartley, 39 Neb. 353, ... 58 N.W. 172, 176.) When a depositor makes a general deposit ... in a bank the ... ...
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State v. Hill
...or overrule previous decisions shown to be fundamentally wrong. Per Post, C. J.; all concur. 19. State v. Keim, 8 Neb. 63;Bank v. Gandy, 9 N. W. 566, 11 Neb. 431; and Cedar Co. v. Jenal, 15 N. W. 369, 14 Neb. 254,--criticised. State v. Hill, 57 N. W. 548, 38 Neb. 698, distinguished. 20. Whe......
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McIntosh v. Johnson
...of public funds and money” (sections 4 and 5, c. 8, Comp. St.), operates prospectively, as well as retroactively. 5. Bank v. Gandy, 9 N. W. 566, 11 Neb. 433, disapproved. 6. A payment of a part only of a liquidated past-due debt, in full settlement, is not good as an accord and satisfaction......