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← 325 Mo. 1 - School District v. Security Bank

School District v. Security Bank’s Empirical Analysis

1930

Citation profile

9
cited by 9 later decisions
3
states following
December 1939
most recently cited

9 state decisions

Relationships

Relies on 2 E.H. Smith 241 - Smith v. . Molleson · Strode v. St. Louis Transit Co. · Hendricks v. Calloway · Comstock v. Gage · Board of County Commissioners v. State Bank

Most-quoted passages

The sentences later courts lift from this opinion, ranked by how many decisions quote each — the parts of the opinion doing the work. These counts are smaller than the citation total above because most of the 9 citing decisions cite the case generally; a passage count includes only decisions quoting that exact language verbatim.

  1. “The evidence in this case shows, and the bond in suit recites, and appellants do not deny, that the defendant bank was selected as a depositary of one-eighth of plaintiff's funds. The evidence further shows, and appellants do not deny, that, upon the execution, acceptance, and approval of the bond, the bank became such a depositary, `assumed and acted that role,' received one-eighth of plaintiff's funds as such a depositary, and thereby, to all intents and purposes, became such a depositary de facto . By signing and delivering the bond, the sureties, including appellants, intended that the bank should become such a depositary. That act enabled the bank to get hold of one-eighth of plaintiff's funds. Under such circumstances, it becomes immaterial whether the bank was selected as such a depositary exactly as prescribed by the statute, or whether the bond was executed within the time prescribed by the statute. The engagement of the sureties on the bond in suit was to stand sponsor for the bank — to answer for its default. That default could arise whether the bank was a depositary de facto, or de jure . That default has arisen, and appellants, as sureties on the bond, must answer therefor. [See Henry County v. Salmon (en banc), 201 Mo. l.c. 153, 100 S.W. l.c. 24, and authorities cited.]”
    2 later decisions quote this exact passage

How this case has been treated — in progress

Whether each later court followed, distinguished, criticized, or overruled this decision. The treatment classification (task #35) runs highest-cited cases first and lights up here as it reaches this one.