Mattison-Greenlee Service Corp. v. Culhane

EVANS, Circuit Judge.

Plaintiff was the sales agent for two local Rockford Companies. They were engaged in manufacturing non-competing machine tools. Their businesses were large, and plaintiff, as the selling agent of both companies, transacted business which ranged from $750,000 to $3,000,000 a year. Plaintiff received many commission checks which its bookkeeper Charles W. Beach deposited to its credit in defendant’s bank, using a rubber stamp endorsement, which was as follows:

“Pay to the order of “The Manufacturers Nat’l Bank of Rockford, Ill.

“Mattison-Greenlee Service Corp. “(or Machinery…