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EQUITABLE TRUST CO. v. ROCHLING

No. 34.

275 U.S. 248 (1927)

48 S.Ct. 58

72 L.Ed. 264

EQUITABLE TRUST COMPANY, TRUSTEE, v. ROCHLING ET AL.

Supreme Court of United States.

Decided November 21, 1927.

Attorney(s) appearing for the Case

Mr. Godfrey Goldmark, with whom Messrs. George G. Ernst and Ralph F. Colin were on the brief, for petitioner.

Mr. Henry G. Hotchkiss, with whom Mr. William H. White, Jr., was on the brief, for respondents.

MR. JUSTICE STONE delivered the opinion of the Court.

Respondents, bankers of Frankfort-on-Main, maintained a general deposit account with the bankrupts, who were private bankers in New York City. On instruction of Lloyds Bank, Ltd., London, which was requested by respondents "to procure this amount for us" on June 15, 1923, "at Knauth, Nachod & Kuhne, New York," the National Bank of Commerce in New York on that day delivered...

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