Louisa National Bank v. Kentucky National Bank

Opinion of the Court by

Judge Richardson

Affirming.

This action is by the Kentucky National Bank, the drawee of a check for $600, against the holder, the Louisa National Bank, which paid the check to the payee, Fred Banfield, a stranger, without inquiry, and without requiring his identification. The action was tried by the court without the intervention of a jury on an agreed statement of facts. The judgment was for the Kentucky National Bank, and the Louisa National Bank appeals.

As a matter of brevity and convenience, we will designate them herein as the Bank of Kentucky and the Bank of Louisa.…