Detroit Savings Bank v. Zeigler

Authors

Henry W. Rogers, University of Michigan Law SchoolFollow

Document Type

Article

Publication Date

4-1883

Abstract

"Such interchanges of assistance between officers of a bank, as temporary need may require, is fairly within the contemplation of the appointment of such an officer, and the sureties on his bond are liable for a default made while he was temporarily filling the place of another officer.

"The receiving teller of the savings department of a bank, while filling the place of the general teller, during the latter's temporary absences, embezzled moneys of the bank: Held, that the sureties on a bond, given by him for so taken."

Recommended Citation

Rogers, Henry W. "Detroit Savings Bank v. Zeigler: Liability of Surety and Guarantor for Default of Officer Temporarily Acting for Another." Am. L. Reg. 31 (1883): 249–58.