Landau Grocery Co. v. Bank of Potosi

This action was brought by the Landau Grocery Company against the Bank of Potosí to recover the proceeds of certain checks drawn by various parties, payable to plaintiff, endorsed by plaintiff’s traveling salesman, G. W. McMillen, and deposited by said McMillen to his credit in said bank. It is unnecessary to refer in detail to the pleadings, except to say that the answer of the bank alleged that McMillen had authority to endorse the checks; that plaintiff was estopped to deny said McMillen’s authority, and that the checks were paid by McMillen by his personal remittances to plaintiff.

The…