The daily journal. (Salem, Or.) 1899-1903, 1901-06-13
Banks ana Banking

When, by the terms Of contract ol
deposit. money is received on deposit In
the neme OF the daughter Of the
dspositor, with the agreement that he
(the depository may draw such deposit
on checks signed by him, and he does
draw the money 90 deposited on checks
80 signed, the daughter cannot hold the
bank for the money 90 deposited and
drawn out "a Pac. Rep. (Idsho) 1888.
It IL the duty ola bank receiving com
mOrcial paper for collection before II is
due 10 present same 30 tho maker for
payment on its maturity, aud, II pay.
ment is refused Immediately 10 notify
the holder. In case where the duty
10 give such notice was neglected, ana
the bank, after the maker = ohsttel
mortgage 10 itself, and assisted another
creditor 10 obtain mortgage 10 itaelf,
and assisted another creditor 10 obtain
mortgage covering all the debtor's pro-
perty. by reason OF which the note was
rendered uncol lsctiblc, Il was error for
the court 10 take from the jury the
question OF the banks liability for the
amount Of the note. "a Pac. Rep. Kan.
007.
Beneficial Associations
Where portion Of certain property
owned by = charitable institution Ia
occupied and used by II tor charitable
purposes, and the remaining portion
thereof is devoted TO purposes Of revenue,
the portion used Ia subject 10 taxa tion.
"a Pac, Rep. (Utah) 9Ol.
Building and Loan Association
A contract with a building anu loan
association, requiring a fixed monthly
payment Of dues. aud a monthly pay
msnt OF interest, and a certain premium,
aggreeatlng an amount greater than the
legal rate Of interest, 10 usurious. tho
premium being merely additional In
tsrests. 20 30. Rep. (Miss.) s25.
Dairy Interests
In the prosecution OF personlcharged
with selling sdnlteraled milk II was
not necessary 10 aver or 10 prove that
the the milk In question Was,
10 the knowledge OF the defendant,
below the required standard. II
10 competent for the legislature 10 de-
clare that that the doing Of an act shall
subject the doer thereof 10 a penalty, ir.
respective OF his motive or knowledge,
and In such case the courts have no
power 10 require proof Of knowledge or
motive 10 be shown. 40 At. Rep. IN. "
10.
Landlord and Tenant.
In an action 10 recover damages for
the failure 10 give possession OF leased
property, the measure Of damages 10 the
difference between the leased rental value
and the rent reserved, whore the prem.
ses we're necessary 10 the plaintiff for
the purpose OF carrying on a new busi-
ness since there could be no basis on
which 10 estimate the profits. O4 PAc.
Rep. (Waah.) 0lf.
Personal Injury Suit.
Entering the elevator which 10 appar-
emily at rest and with the door open,
aud which the passenger has no reason
10 suppose can 10 started until the door
10 closed, 10 not negligence, though the
elevator is moving, which could have
been determined by momentary obssr-
walton Of the car aud machinery. 40 Al
Rep. Or. 12s.
Railroads
One Of plaintiff steers was injured I
while being unloaded from = car Of the
defendant company, by reason OF a de-
leciive chute. The cattle were shipped
under q uniform livestock contract
which SLOWED plaintiff lower rate in
that he load aud unload
HE cattle At bic own risk. Held, that
, charge that, II the jury found
hat plaintiff had entered into the uni
orm live stock contract, he oonld not
soovsr. was proper. 40 At, Rep. lCon)
n. L
ShlppIng ana Marine. (,
Ocean going tugs owned by = lumber
ompany, and oxolualvely used within
he state, and managed aud operated by
esidents q ihe state, are subject 10
tate TAXATION, though such tugs are
ee's'sFed a port situated In foreign
tate. "a fac. Rep. wash 0O0.