The Law Reports (Appeal Cases)
[1933] AC 1
[HOUSE OF LORDS.]
MIDLAND BANK, LIMITED APPELLANTS; AND RECKITT AND OTHERS RESPONDENTS.
ET E CONTRA.
1932 Feb. 29.
VISCOUNT DUNEDIN, LORD WARRINGTON OF CLYFFE, LORD ATKIN, LORD THANKERTON, and LORD MACMILLAN.
Banker
— Principal and Agent
— Power of Attorney
— Excess of Authority
— Authority to draw Cheques
— Cheques drawn by Attorney and paid into his own Banking Account for his private Purposes
— Notice of Breach of Trust
— Conversion
— Liability of Bankers for Conversion and Money had and received
— Negligence
— Ratification Clause in Power of Attorney
—
Bills of Exchange Act, 1882 (45 & 46 Vict. c. 61), s. 82.