(Download) "Deposit Bank v. Frankfort" by Supreme Court of the United States * eBook PDF Kindle ePub Free

eBook details

Title: Deposit Bank v. Frankfort
Author : Supreme Court of the United States
Release Date : January 14, 1903
Genre: Law,Books,Professional & Technical,
Pages : * pages
Size : 70 KB

Description

The so-called Hewitt law, set forth in the foregoing statement, has given rise to much litigation in the courts of Kentucky, as well as in those of the United States. At one time it was held by the Court of Appeals of Kentucky that its provisions, when complied with by the bank seeking to avail itself of its privileges, constituted a valid and binding contract. Commonwealth, to use of Franklin Co. v. Farmers Bank of Kentucky et al., 97 Kentucky, 590. In a later case the Court of Appeals of Kentucky held the law not to constitute an inviolable contract. Deposit Bank of Owensboro v. Daviess Co., 102 Kentucky, 174. When the law was before this court, the same conclusion was reached. Citizens Savings Bank of Owensboro v. Owensboro, 173 U.S. 636.