Legal Opinion

Citizens Bank, Booneville, Arkansas v. National Bank of Commerce, Tulsa, Oklahoma

Court of Appeals for the Tenth Circuit

Decided August 25, 1964No. 7449_1PublishedCited by 15 opinions

1Opinion of the Court

MURRAH, Chief Judge.

This is a suit on a dishonored cashiers check, brought by the Arkansas-payee-bank against the Oklahoma-maker-bank. The cashiers check was issued in payment of a forged check drawn on the Oklahoma bank. The defense is that, in the circumstances of this case, the cashiers check was issued without consideration and in reliance upon the implied representation of the presenting bank that the forged check, and its indorsement by the payee, were genuine.

The trial Court gave judgment for the defendant Oklahoma bank on the ground that the cashiers check sued upon was issued without…

2Cases cited15 opinions

  1. Universal C.I.T. Credit Corp. v. Guaranty Bank & Trust Co.District Court, D. Massachusetts · 1958
  2. Tabor v. Merchants National BankSupreme Court of Arkansas · 1886
  3. Cherokee Nat. Bank v. Union Trust Co.Supreme Court of Oklahoma · 1912
  4. Holland Banking Co. v. BoothSupreme Court of Arkansas · 1915
  5. Mid-Central Towing Co. v. National Bank of TulsaSupreme Court of Oklahoma · 1959

10 more not listed; retrieve them via the Exa API.

3Cited by15 opinions

  1. Central Bank and Trust Co. v. First Northwest BankDistrict Court, E.D. Missouri · 1971
  2. Bowling Green, Inc. v. State Street Bank & Trust Co.District Court, D. Massachusetts · 1969
  3. Kaw Valley State Bank & Trust Co. v. RiddleSupreme Court of Kansas · 1976
  4. Citizens National Bank of Englewood v. Fort Lee Savings & Loan AssociationNew Jersey Superior Court Appellate Division · 1965
  5. Laurel Bank & Trust Co. v. City National BankConnecticut Superior Court · 1976

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