Meador v. Ranchmart State Bank

The opinion of the court was delivered by

Harman, C.:

This is an action against a bank for wrongfully honoring a cashier s check drawn by it, which check was initially purchased by plaintiff and issued upon his instance. In trial to the court plaintiff prevailed and the bank now appeals.

The parties submitted the case to the trial court upon a written stipulation of facts together with certain exhibits referred to therein. By way of prelude, although the exact role played by plaintiff in this transaction is not revealed in the record, obviously it was contemplated by him that the proceeds of the…