Fletcher American National Bank v. Federal Securities Co.

Action by appellee against appellant in two paragraphs of complaint. The first paragraph avers appellee to be the equitable owner of certain funds deposited with appellant bank by the Majestic Tire & Rubber Company, which funds had been set off by appellant against the indebtedness of the Majestic Company to appellant, and seeks to recover the funds from appellant in a sum sufficient to pay a note of the Majestic Company to appellee. The second paragraph avers the same facts as in the first, but seeks a recovery for money had and received. To each of these paragraphs, appellant filed a…