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HANOVER NATIONAL BANK V. SUDDATH , 215 U. S. 122 (1909)

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U.S. Supreme Court

Hanover National Bank v. Suddath , 215 U.S. 122 (1909)

Hanover National Bank of New York v. Suddath (No. 2)

No. 13

Argued April 20, 1909

Decided November 29, 1909

215 U.S. 122

Syllabus

Where a bank, after refusing to discount paper sent to it by the insolvent for that purpose, has retained the paper, it cannot, as against general creditors, set off against that paper, or its proceeds, the bankrupt's overdraft, although made after such refusal and pending the retention of the paper.

153 F.1d 22 affirmed.

The facts are stated in the opinion. chanroblesvirtualawlibrary

Page 215 U. S. 123





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