Decisions of the First Comptroller in the Department of the Treasury of the United States with an Appendix
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Decisions of the First Comptroller in the Department of the Treasury of the United States with an Appendix

Decisions of the First Comptroller in the Department of the Treasury of the United States with an Appendix


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This historic book may have numerous typos and missing text. Purchasers can download a free scanned copy of the original book (without typos) from the publisher. Not indexed. Not illustrated. 1881 Excerpt: ... I do not think that the check can be considered to have been taken, either in the ordinary course of business, or in good faith, or at least in that degree of good faith which the law requires in order1 to make the bank liable for the amount of the check. "Of course, in using the phrase (jonl faith, I merely mean good faith in a technical sense, and do not intend to impugn the motives of the gentlemen who represented the Government in this transaction. "But it is very apparent that if they were instrumental in procuring the check to be drawti and the teller to certify that it was ' good' under the circumstances of the case, knowing or suspecting that there was no balance due to May by the bank, and that the bank was really insolvent, then the Government cannot take advantage of their action, so as to render the bank liable, by reason of the check, for any part of May's liability to it; nor can it found any claim upon the check, or in consequence of holding it, to share with other creditors of the bank in the assets in the hands of the receiver. "From a perusal of the papers, I do not think it necessary for me, now, to go more fully into the case. To obtain any further opinion from me upon the subject, it will be necessary for the Hon. Secretary of the Treasury to submit to me a statement of the facts as they are ascertained to be in his Department. "Whether the Government officers had actual or constructive notice of the condition of the bank and May's balance there, is a question of fact and not a question of law, upon which I cannot undertake to decide. "I have the honor to be, sir, your obedient servant, "GEO. H. WILLIAMS, "Attorney-General. "Hon. W. A. Richards ix, "Secretary of Ike Treasury." Opinion B...


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Product Details
  • ISBN-13: 9781130829242
  • Publisher: Rarebooksclub.com
  • Publisher Imprint: Rarebooksclub.com
  • Height: 246 mm
  • No of Pages: 374
  • Spine Width: 20 mm
  • Width: 189 mm
  • ISBN-10: 1130829243
  • Publisher Date: 01 Mar 2012
  • Binding: Paperback
  • Language: English
  • Returnable: N
  • Weight: 667 gr


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Decisions of the First Comptroller in the Department of the Treasury of the United States with an Appendix
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