Summary

Stanley Matthews United States v. Northway — Opinion of the Court

The offense of larceny is not complete without the animus furandi, the intent to deprive the owner of his property; but, under section 5209, an officer of the bank may be guilty of 'abstracting' the funds and money and credits of the bank without that particular intent. The statute may be satisfied with an intent to injure or defraud some other company, body politic or corporate, or individual person, than the banking association whose property is abstracted, or merely to deceive some other officer of the association, or an agent appointed to examine its affairs.
Source: Wikisource

Stanley Matthews United States v. Northway — Opinion of the Court

In order to misapply the funds of the bank it is not necessary that the officer charged should be in actual possession of them by virtue of a trust committed to him. He may abstract them from the other funds of the bank unlawfully, and afterwards criminally misapply them, or by virtue of his official relation to the bank he may have such control, direction, and power of management as to direct an application of the funds in such a manner and under such circumstances as to constitute the offense of willful misapplication.
Source: Wikisource

Stanley Matthews United States v. Northway — Opinion of the Court

The allegation is not uncertain, as it might have been if it had been 'president or agent.' In that case, it might have been urged that, as the offense was charged to have been committed by the defendant either as president or agent, it was uncertain in which of these capacities he was charged; for, although it might be said that a president is ex officio agent of the association, there may be many agents who are not president.
Source: Wikisource

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