New York Court of Appeals

The Bank of Rochester v. . Jones.

April 5, 18514 N.Y. 497

Summary

The New York Court of Appeals reversed the Supreme Court's nonsuit and held that Jones, the factor, had no property right or lien in the flour and was liable to the Bank of Rochester in trover for converting the goods. The Court also affirmed that the bank acquired a property interest in the flour through its agreement with Foster, either as a sale in trust, mortgage, or pledge.