City of Barnsdall v. Barnsdall Nat. Bank

During the : year 1922 and until November, .1923, Karl Hammer was city treasurer of Barns-dall and also the managing officer of the Barnsdall National Bank, where the accounts of the city treasurer were kept. On February 1, 1923, and August 1, 1923, interest coupons on waterworks bonds of the city became due. To pay these coupons Hammer drew drafts against the bank’s account with one of its correspondents. Bach draft was for the sum of $3,007.50, drawn respectively January 29 and July 31, 1923.

Proof of the payment of the drafts by the bank and the subsequent payment of the statutory…