First National Bank of Dodge City, Kansas v. Kelly Perschbacher

MURRAH, Chief Judge.

The appellant-bank brought this diversity suit to recover damages allegedly sustained when appellee-Perschbacher .refused to honor three sight drafts drawn upon him by one Robinson, an insolvent •cattle trader. The theory of the complaint tried to the Court is that the drafts were issued pursuant to a conspiracy between Perschbacher and Robinson to fraudulently secure credit from the appellant-bank for drawer-Robinson; and, that relying upon Perschbacher’s implied representations in the acceptance of pri- •or, numerous and similar drafts, the appellant-bank extended…