Laidlaw

Laidlaw v. Pacific Bank

Good Law
137 Cal. 392·1902 Cal. LEXIS 570·70 P. 277
Supreme Court of CaliforniaSeptember 24, 1902S.F. Nos. 2491, 2558.California2,288 words

Opinion

Lead Opinion

Two appeals, each independent of the other,—one being from the judgment and the other from the order denying the Pacific Bank a new trial,—are before us in this case. The appeal from the judgment has been heretofore considered, but a rehearing was granted, and the two appeals will now be disposed of in one opinion.

On the appeal from the order denying a new trial it is contended that the finding of the court to the effect that the appellant, the Pacific Bank, on or about the twenty-second day of June, 1893, became indebted to plaintiff's assignor, R. H. McDonald, in the sum of $97,003 for money theretofore paid, laid out. and expended by said McDonald for the use and benefit of said defendant, and at its" request, is not- supported by the evidence. • "We think this contention is well founded. From the evidence it appears .that the People’s Home Savings Bank was a depositor in the defendant bank to the extent of $150,000, and was pressing for payment, but defendant could not pay the same from its own means at that time; that thereupon, at the request of the Pacific Bank, the amount of the $150,000 was secured to the People’s Home Savings Bank by a mortgage given it upon 16,000…

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