Cashisr
Defined in 1 dictionary — Anderson (1889)
A Dictionary of Law
William C. Anderson · 1889
An officer or agent whose business is mainly to take care of the money of ail institution, of a private person, or of a firm. The cashier of a bank is the executive of Bcer through whom the financial operations are conducted. He receives and pays out its moneys, collects and pays its debts, receives and transfers its commercial securities. Tellers and other subordinate offlcers are under his direction, and are, as it were, the arms by which designated portions of his functions are discharged.' Evidence of powers habitually exercised with the acquiescence of the directors of the bank deiines and establishes, as to the public, those powers — provided the charter is not violated.' He is the general financial agent. He acts, or is presumed to act, according to general practice, and the course of business; and this binds the bank in favor of one who possesses no other knowledge.' See Agent; Bane, S (3); Check; Deposit, 2. ■ Bliss V. Arnold, 8 Vt. 255 (1836). = Steward v. Scudder, 21 N. J. L. 101 (1853). ' Foley V. Mason, 6 Md. 49 (1854), cases. * Merchants' Nat. Bank of Memphis v. Nat. Bank of Commerce, 91 U. S. 95 (1875), Strong, J. See also 24 Am. Law Reg. 514-19 (1885), cases; 20 Cent. Law J. 304-7 (1885), cases; 1 Cal. 45; 54 id. 218; 4Mass. 245; 103 id. 17; 5 Allen, 91; 27 N. T. 378; 62 id. 513; 69 id. 148; 9 Johns. 120; 19 id. 144; 39 Barb. 283; 1 Ohio, 189; 34 Pa. 344; 28 Gratt. 165. ' Merchants' Nat. Bank v. State Nat. Bank, 10 WaU. «50 (1870), cases,, Swayne, J. "Ibid. 604, 644; Moores v. Citizens' Nat. Bank of Pjqua, 111 U. S. 156, 169 (1884), cases. ' Case V. Citizens' Bank of Lomsiana, 100 U. S. 464 (1879); Martin v. Webb, 110 id. 14 (1884); Xenia Bank v. Stewart, 114 id. 234 (1885); Knickerbocker Life Ins. Co. V. Pendleton, 115 id. 344 (188.5); Bostwick v. Van Voorhis, 91 N. Y. 353 (1883); Merchants' Bank v. Jeffries, 81 W. Va. 504 (1883); 20 Cent. Law J. 126-30 (1885), cases; 133 Mass. 23; Story, Agency, §§ 114-15; Whart. Ag. §§ 684-87; 3 Am. Law Eev. 612^0 (1869), cases; Bank.