Reichert v. Negaunee State Bank

John Huhtala, an employee of the Hanna Company, died September 16, 1932, and under the company insurance plan his widow, Sofia Kate Huhtala, was entitled to $5,000 insurance. There was also some insurance with the Northwestern Mutual Life Insurance Company. On October 11, 1932, Gr. M. Cannon, assistant general manager of the Hanna Company, delivered to the widow (petitioner herein) a negotiable check for $5,000 drawn upon a New York bank and issued by the Equitable Life Assurance Company. Before delivering the check, Cannon conferred with Thomas Pascoe, cashier of the defendant bank, and both…