Bowman & Steadman v. Farmers State Bank

Appeal from an order denying a motion for a new trial.

For some time prior to December 10, 1923, one Bowman operated a meat market at Pine River and carried a checking account with appellant. He was also engaged in buying and selling live stock and for this branch of his occupation he carried with appellant a separate checldng account known as the “cattle account.” Apparently Bowman’s capital was limited. The bank permitted him to buy cattle and draw checks in payment when he had insufficient funds in the cattle account. In anticipation of this Bowman gave the hank promissory notes in blank…