American Parkinson Disease Ass'n v. First National Bank of Northfield

OPINION

DAVIES, Judge.

The American Parkinson Disease Association challenges the district court’s grant of summary judgment in favor of First National Bank of Northfield, arguing that the bank, by accepting unendorsed stolen checks, became liable for conversion. We affirm.

FACTS

In early 1988, Frank Williams, then National Director for appellant American Parkinson Disease Association, Inc. (APDA), designed a scheme to embezzle money from his employer. Williams asked Michael Monnot, an APDA volunteer and fund-raiser living in Northfield, to set up a bank account for a proposed Northfield APDA…