ANACOSTIA BANK v. UNITED STATES FIDELITY & GUAR. CO.

No. 7632.

119 F.2d 455 (1941)

ANACOSTIA BANK v. UNITED STATES FIDELITY & GUARANTY CO.

United States Court of Appeals for the District of Columbia.

Decided April 7, 1941.


Attorney(s) appearing for the Case

George C. Gertman, of Washington, D. C. (John H. Burnett, of Washington, D. C., on the brief), for appellant.

Louis M. Denit, of Washington, D. C. (Thomas S. Jackson, of Washington, D. C., on the brief), for appellee.

Before GRONER, Chief Justice and VINSON and EDGERTON, Associate Justices.


EDGERTON, Associate Justice.

A child's mother was appointed its guardian, and deposited guardianship funds in appellant bank. The bank gave her, as guardian, a deposit receipt which bore four per cent interest. She afterwards borrowed money from the bank, at six per cent, for her personal use, on a note which she signed personally and not as guardian. As security for this personal note, and certain additions and renewals, the bank took from her the deposit receipt...

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