Sinclair Refining Co. v. First National Bank

This was a suit against a bank for the amounts of several checks drawn to the plaintiff’s order, some of which were drawn on the defendant bank, and some on other banks, which the defendant bank had cashed upon the indorsement of the plaintiff’s name by one acting as agent. The proceeds of these cheeks had been converted by the agent to his own use, and it is alleged that the agent was not authorized to indorse the plaintiff’s name to cheeks. The case was submitted to the trial judge, without the intervention of a jury, upon an agreed statement of facts. The judge found in favor of the…