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MISAPPROPRIATION Definition & Legal Meaning

Definition & Citations:

This Is not a technical term of law, but it is sometimes applied to the misdemeanor which Is committed by a banker, factor, agent, trustee, etc, who fraudulently deals with money, goods, securities, etc., intrusted to him, or by a director or public officer of a corporation or company who fraudulently misapplies any of its property. Steph. Crim. Dig. 257, et seq.; Sweet. And see Winchester v. Howard, 136 Cal. 432, 64 Pac. 692, 89 Am. St. Rep. 153; Frey v. Torrey, 70 App. Div. 166, 75 N. Y. Supp. 40.

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