Fidelity & Deposit Co. of Maryland v. Idaho Bank & Trust Co.

TAYLOR, District Judge.

Plaintiff, as the assignee or subrogee of the Casper National Bank of Casper, Wyoming, seeks to recover losses allegedly suffered by the Casper National Bank as the result of a check kiting operation involving some eight checks deposited with the Casper National Bank.

The complaint alleges that each of the said checks were drawn by one Jesse M. Chase on the defendant Idaho Bank and Trust Co., with Jesse M. Chase, Casper, Inc., as payee. These checks were deposited to the credit of the named payee at the Casper National Bank, and were by said bank thereafter forwarded by…