New York Court of Appeals
Fidelity and Deposit Company of Maryland, Appellant v. Queens County Trust Company, Respondent
April 22, 1919226 N.Y. 225
Summary
The Court reversed the Appellate Division’s dismissal of the plaintiff’s suit, holding that the bank was chargeable with knowledge of the bankruptcy order and therefore liable for the misappropriated trust funds, and remanded for a new trial.