Reardon Importing Co. v. Security Trust Co.

In this action of contract or tort the plaintiff, acting by its receiver, seeks to recover money deposited to its account with the defendant which, it is alleged, the defendant wrongfully permitted the plaintiff’s treasurer to withdraw for the purpose of paying his personal indebtedness to the defendant. At the close of the evidence the judge directed a verdict for the defendant, and the correctness of this decision is the only question before us.

The plaintiff introduced evidence that on January 30, 1936, one Reardon, prior to the incorporation of the plain*305tiff, became indebted to the…