Open Shop Employing Printers Ass'n v. Chicago Trust Co.

This action was brought by the Open Shop Employing Printers Association of Chicago, a corporation, against the Chicago Trust Company, a corporation, to recover money paid out by the defendant on certain checks drawn by the plaintiff to certain payees on the unauthorized and forged indorsements of the payees’ names by one Robert J. Tufts, an employee of the plaintiff.

It appears from the evidence that the plaintiff, in addition to its commercial account, maintained an account in the defendant bank under the designation, “Chicago Trust Cotmpany as Trustee u/iagreement Open Shop Employing…