Gottberg v. United States National Bank
Gottberg v. United States National Bank
Opinion of the Court
—The very careful consideration which this case received at the hands of the learned justices in the courts below renders it unnecessary that we should further discuss its questions. The general term opinion practically adopted the opinion of the trial justice, except in the respect that they do not concur in a statement of the rule that to charge a purchaser or pledgee from an executor, he must have had direct evidence that the money was not paid or advanced to the executor for a purpose connected with his administration of the assets, but for a different purpose.
The general term rest the rule of liability upon the foundation of such notice as would put a party of ordinary prudence on inquiry, and do not limit it to a notice from facts which disclose as a necessary conclusion a guilty or fraudulent purpose. If the learned trial justice intended to
The judgment is affirmed, with costs.
All concur, except Maynard, J., taking no part.
Case-law data current through December 31, 2025. Source: CourtListener bulk data.