First Union National Bank v. J. Reisbaum Co.

Banke, Presiding Judge.

Sweats, Inc., ordered certain merchandise from the appellee, J. Reisbaum Company, simultaneously tendering payment in the form of a draft drawn by the appellant, First Union National Bank of Georgia, upon another bank. After the merchandise was delivered, Sweats, Inc., instructed First Union to instruct the drawee bank to stop payment on the draft. First Union complied, and Reisbaum thereafter brought the present action against both Sweats, Inc., and First Union seeking to recover the balance owed on the merchandise, plus interest and court costs. He obtained a default…