Equity Elevator & Trading Co. v. Farmers & Merchants Bank

Plaintiff seeks to recover $2000.00 which, it says, was deposited with the defendant between the 19th and 21st days of March 1929 upon an agreement whereby the defendant was to use this money for the purpose of paying drafts drawn by the plaintiff; that the defendant so accepted the deposits but failed to pay the drafts and plaintiff was compelled to pay them, and defendant refuses on demand to return the $2000.00.

The defendant denies such agreement and says the plaintiff deposited this amount in the bank in the usual manner for deposit subject to check; that plaintiff had an account in the…