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Misappropriation

Black's Law Dictionary · Henry Campbell Black, M.A. · 1910

Black's Law Dictionary

This is not a technical term of law, but it ls sometimes applied to the misdemeanor which ls committed by a banker, factor, agent, trustee, etc, who fraudulently deals with money, goods, sechrlties, etc., intrusted to him or by a director or public officor of a corporation or company who fraudulently misapplies any of its property.

Steph. Crim. Dig. 257, et seq.; Sweet. And sce Winchester v. Howard, 136 Cal. 432, 64 Pac. 692, 89 Am. St. Rep. 153; Frey v. Torrey, 70 App. Div. 166, 75 N. Y. Supp. 40.