Toledo Trust Co. v. Fulton, Supt.

This case was submitted to this court on appeal from a decree in favor of The Toledo Trust Company, plaintiff in the Court of Common Pleas, where the case was submitted on an agreed statement of facts, which also constitutes the evidence in this court. These agreed facts, briefly, are as follows:

In July, 1931, the Spicer Manufacturing Corporation of Toledo, drew and issued a check for $1,710.55 on The Ohio Savings Bank & Trust Company, and forwarded the same to the payee in England. The payee banked the check, and it came through various banks to the Federal Reserve Bank at Cleveland, Ohio,…