General Motors Corp. v. Bellevue Savings Bank Co.

U.S. Court of Appeals for the Sixth Circuit
General Motors Corp. v. Bellevue Savings Bank Co., 300 F. 324 (6th Cir. 1924)
2 Ohio Law. Abs. 668; 1924 U.S. App. LEXIS 3025

General Motors Corp. v. Bellevue Savings Bank Co.

Opinion of the Court

PER CURIAM.

1. The indorsement on the certificate of deposit clearly indicates that it was to be held as collateral to the loan. As such it passed with the note evidencing the loan, when that was transferred by the bank. The note and loan are unpaid; under the terms of the indorsement, the certificate of deposit sued upon is not due.

2. By its acquiescence and silence when the court interpreted the joint motions as a submission of the facts and the law, and by its failure to indicate then or later any desire to offer rebuttal proofs, the plaintiff in error has disabled itself from complaining of the acceptance by the court of such submission at that possibly premature stage of the case.

The judgment is affirmed.

Reference

Full Case Name
GENERAL MOTORS CORPORATION v. BELLEVUE SAVINGS BANK CO.
Cited By
1 case
Status
Published