A Selection of Cases on Private Corporations, Vol. 2 of 2 (Classic Reprint)

A Selection of Cases on Private Corporations, Vol. 2 of 2 (Classic Reprint)

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Excerpt from A Selection of Cases on Private Corporations, Vol. 2 of 2

The plaintiffs declared in trover against the corporation of the Gov. Cruor and Company of the Bank of England, for three promissory notes of the Bank of England, payable on demand, each for 100l. Describing them by their dates and numbers, to which the defendants pleaded the general issue: and after a verdict for the plaintiffs before Lord Ellen borough Ch. J. At Guildhall, it was moved in the last term to arrest the judgment, on the ground tnat the action of trover, which was founded in tort, did not lie against a corporation: but it was at the same time explained by Bosanquet, who made the motion, that the objection did not originate with the Bank, who merely lent their names upon this occasion to protect the true owner of the notes, Mr. Sidney of furnival's-inn, who had been robbed of them on the 22d of June last, and had immediately given notice to the Bank to stop payment of them, under his indemnity. That the plaintiffs, who were bankers at Doncaster, had several months afterwards received them in the course of their business in exchange for their own notes, from a person who gave in the name of Capt. Johnson, but whom they did not know; and consequently all means of tracing the property were lost. And the real contest in this action was between Mr. Sidney and the plaintiffs; Mr. Sidney imputing negligence to them in the transaction.

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