Crawford v. First State Bank of Ketchum

Opinion by

STEPHENSON, C.

E. H. Braley, manager of the Hoffman Tie & Timber Company, on January 7th, mailed his check, drawn on the First National Bank of Allen, payable to the First -State Bank of Ketchum. The check bore an indorsement on the lower left-hand corner in the following language: “ For J. M. Crawford. ”

Following the usual custom in handling such an item, the check was credited to the account of J. M. Crawford, who drew his personal checks on the account for the payment of timber purchased for the Hoffman Tie & Timber Company. J. M. Crawford acted as agent for the Hoffman Tie &…