Bank of Conway v. Hiegel

Kirby, J.,

(after stating the facts). In Taylor v. First National Bank of De Queen, 184 Ark. 947, 43 S. W. (2d) 1078, this court held that, where checks received in the ordinary course of business between respective banks, not for collection but for payment which they attempted to effect by charging them to the accounts of the depositors who had drawn them, and by delivery of the draft for the difference between the respective amounts of the checks, the relation of debtor and creditor arose between the two banks and not an agency or trust relationship.

It has been held, where the drawers of an…