Legal Opinion

Nashville Trust Co. v. Southern Buyers, Inc.

Court of Appeals of Tennessee

Decided January 6, 1956PublishedCited by 5 opinions

1Opinion of the CourtFelts, J.

This bill was filed by the Nashville Trust Company against Southern Buyers, Inc., to recover $3,833.46, alleged to be due complainant as holder in due course of two checks which were drawn in defendant’s name by its agent on its account with another bank and on which it stopped payment.

Defendant by answer denied it was liable on.these two checks,-and by cross-bill sued complainant for $15,069.44, the ■ amount' of 16 other checks which defendant alleged its employee had illegally and fraudulently drawn oh its account and converted to his own use by cashing some of *13them at complainant bank and…

2Cases cited5 opinions

  1. Empire Trust Co. v. CahanSupreme Court of the United States · 1927
  2. Litchfield Shuttle Co. v. Cumberland Valley Nat. BankTennessee Supreme Court · 1915
  3. United States Guarantee Co. v. Hamilton Nat. BankTennessee Supreme Court · 1949
  4. New York Life Ins. Co. v. Bank of Commerce & Trust Co.Tennessee Supreme Court · 1937
  5. Tennessee Products Corp. v. Broadway Nat. BankCourt of Appeals of Tennessee · 1941

3Cited by5 opinions

  1. Grabowski v. Bank of BostonDistrict Court, D. Massachusetts · 1997
  2. Intersparex Leddin KG v. Al-HaddadCourt of Appeals of Tennessee · 1992
  3. Bank IV Olathe v. Capitol Fed'l Savings & Loan Ass'nSupreme Court of Kansas · 1992
  4. Adams v. Duncan Transfer & Storage of MorristownCourt of Appeals of Tennessee · 1988
  5. Bank IV Olathe v. Capitol Fed'l Savings & Loan Ass'nSupreme Court of Kansas · 1992

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