Pacific Metals Co. v. TRACY-COLLINS BANK & TRUST
Utah Supreme Court
1Opinion of the Court
*402CROCKETT, Chief Justice.
Plaintiff Pacific Metals Company sued defendants Tracy-Collins Bank and Trust Company and Bank of Salt Lake for conversion of a check for $5,321.70, which was made out to plaintiff and Olympus Heating' and Air Conditioning, Inc., as joint payees, and which was honored by defendant banks upon the endorsement of Olympus, but without the endorsement of plaintiff.
Mayne Plumbing and Heating Company had a contract to make an installation in East High School in Salt Lake City. Olympus, a subcontractor, was indebted to its supplier, Pacific Metals. In order to assure the…
2Cases cited8 opinions
- Crahe v. Mercantile Trust & Savings BankIllinois Supreme Court · 1920
- Elwert v. Pacific First Federal Savings & Loan Ass'nDistrict Court, D. Oregon · 1956
- American National Bank v. First National BankSupreme Court of Colorado · 1954
- United States Fidelity & Guaranty Co. v. Peoples National Bank of KewaneeAppellate Court of Illinois · 1960
- Midland Savings & Loan Co. v. Tradesmen's Nat. Bank of Oklahoma CityCourt of Appeals for the Tenth Circuit · 1932
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3Cited by22 opinions
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- Cincinnati Insurance v. First National BankOhio Supreme Court · 1980
- Ambassador Financial Services, Inc. v. Indiana National BankIndiana Supreme Court · 1992
- Trust Co. v. Refrigeration Supplies, Inc.Supreme Court of Georgia · 1978
- Utah Coal & Lumber Restaurant, Inc. v. Outdoor Endeavors UnlimitedUtah Supreme Court · 2001
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