Haas v. Opelousas St. Landry Bank & Trust Co.

On January 18, 1926, plaintiffs deposited in the defendant bank, a draft for $1969.00 drawn on the American Rice Milling Company of Crowley, La., for credit to their checking account. The draft had been drawn by B. C. Sloan and was attached to a bill of lading. It represented the price of rice sold by Sloan to the American Rice Milling Company. The rice had been shipped by Sloan to Crowley, “shipper’s order notify American Rice Milling Company.”

The draft was sent by defendant to the Crowley Trust and Savings Bank for collection. It was paid on January 21, 1926, and the Crowley Trust and…