First National Bank v. Montgomery

DAVISON, J.,

This case is before the court on plaintiffs motion for summary judgment, pursuant to which the parties filed a stipulation of facts.

The parties have stipulated that on July 14,1975, the Georgia Farm Bureau Mutual Insurance Company (maker) issued a check in the amount of $658.28, payable through the First National Bank and Trust Company in Macon, to the order of Willie Mincey, Jr. and MIC. Without indorsing it, MIC forwarded the check to Mincey for his indorsement. *492Mincey placed his indorsement on the check and endeavored to cash it at one of plaintiffs branches which declined to…