MacKey-woodard, Inc. v. Citizens State Bank

The opinion of the court was delivered by

Schroeder, J.:

This is an action by the corporate payee of a check to recover the proceeds of the check in the sum of $22,879.62 with interest from a collecting bank which cashed the check and procured payment thereof from the drawee bank upon an unauthorized indorsement of the corporate payee. Appeal has been duly perfected from an order of the trial court which sustained the collecting bank’s motion for involuntary dismissal at the close of the plaintiff’s evidence on the ground that the action was barred by the two-year statute of limitations. (K. S.…