Rembrandt Electronics, Inc. v. Chase Manhattan Bank

Plaintiff sued to recover the sum of $4,000 represented by two checks, each in the sum of $2,000, one dated March 31, 1960 and the other dated April 13, 1960. Both checks were made out in a rather unusual fashion, as follows: *746“ Pay to the order of B & M Electric Corp. Max Marcus.” It should be noted that neither of the checks was made payable to B & M Electric Corp. and Max Marcus or B & M Electric Corp. or Max Marcus. These checks were given simultaneously with two purchase orders each in the sum of $2,000 and represented moneys paid in advance for merchandise to be manufactured and…