FIRST AMER. BANK OF VA. v. Litchfield Co. of South Carolina, Inc.

Bell, Judge:

First American Bank of Virginia commenced this action to recover as a holder in due course on a dishonored check on which the drawer, Litchfield Company of South Carolina, had stopped payment. The master in equity awarded First American $9,369.37 plus interest from the date First American received the returned check. Litchfield appeals. We affirm the award of $9,369.37, but reverse and remand on the issue of interest.

On September 9, 1983, Litchfield tendered a check for $13,711.11 to Jensen Farley Pictures, Inc. The check was drawn on Litchfield’s account with Bankers Trust of…