American Lumber Sales Co. v. Fidelity Trust Co.

Assumpsit for recovery of moneys deposited in and withdrawn without authority from the defendant Bank by the plaintiff’s district manager. The case was first sent to an auditor and comes before us on Report of the evidence below. By the terms of the Report the record includes the auditor’s report, admissions of counsel, oral testimony and numerous exhibits. The case is to be determined, however, upon so much of the evidence as is legally admissible.

*67The American Lumber Sales Company (hereinafter referred to as “the Company”), with its home office in Philadelphia, was organized to dispose of…