Madison & Kedzie State Bank ex rel. Globe Indemnity Co. v. Madison Square State Bank

This action is for the recovery of money paid by the plaintiff to the defendant upon plaintiff’s nine cashier’s checks amounting to $39,200, during the month of October, 1929, which had been deposited with or cashed by the defendant. Upon a directed verdict by the court in favor of the plaintiff, for use of the Globe Indemnity Company, upon a loss paid by it to the plaintiff, judgment was entered in the sum of $42,956.63, from which judgment the defendant appeals to this court.

The nine cashier’s checks issued by the Madison & Kedzie State Bank in the aggregate sum of $39,200, were each made…