Savings Bank of Danbury v. Loewe, 242 U.S. 357 (1917)

Name: Savings Bank of Danbury v. Loewe, 242 U.S. 357 (1917) - Syllabus
Author: U.S. Supreme Court

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Savings Bank of Danbury v. Loewe

No. 713

Argued December 11, 1916
Decided January 8, 1917
242 U.S. 357

ERROR TO THE CIRCUIT COURT OF APPEALS

FOR THE SECOND CIRCUIT

Syllabus

Under the statutes of Connecticut, a garnishment of deposits in an ordinary savings bank without stockholders which is subject to a fiduciary duty to hold and invest for the benefit of its depositors all funds that it receives and to pay over to them the net income beyond enough to constitute a small safety fund, Gen.Stats., §§ 3440, 3441, reaches not only the principal of the deposits, but also the dividend that accrue after service of the writ.

The lien is not affected by an assignment of the savings accounts made after the service.

236 F. 444 affirmed.

The case is stated in the opinion.

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Chicago: U.S. Supreme Court, "Syllabus," Savings Bank of Danbury v. Loewe, 242 U.S. 357 (1917) in 242 U.S. 357 242 U.S. 358. Original Sources, accessed April 17, 2025, http://originalsources.com/Document.aspx?DocID=ZMULWDUXFU9D6KB.

MLA: U.S. Supreme Court. "Syllabus." Savings Bank of Danbury v. Loewe, 242 U.S. 357 (1917), in 242 U.S. 357, page 242 U.S. 358. Original Sources. 17 Apr. 2025. http://originalsources.com/Document.aspx?DocID=ZMULWDUXFU9D6KB.

Harvard: U.S. Supreme Court, 'Syllabus' in Savings Bank of Danbury v. Loewe, 242 U.S. 357 (1917). cited in 1917, 242 U.S. 357, pp.242 U.S. 358. Original Sources, retrieved 17 April 2025, from http://originalsources.com/Document.aspx?DocID=ZMULWDUXFU9D6KB.

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