William R. Day,
Washington-Virginia Railway Company v…
“ No one at the Washington office had authority to draw checks. No money was paid out at the Washington office except petty cash for daily expenses.With this finding of facts counsel for the plaintiff in error finds little fault. The objection is rather to the inference drawn by the court below from such facts. It is urged that the keeping of the books in Philadelphia was for the convenience of the president and treasurer, but it also appears that such books were required to be kept by the by-laws of the company. ”
