Commercial National Bank & Trust Co. v. Hughes
Mississippi Supreme Court
1Opinion of the CourtMcElroy, J.
This is an appeal from a final decree of the Chancery Court of the Second Judicial District of Jones County awarding appellees a money judgment for $19,273.84.
Appellees had a checking account in appellant bank. The signature card authorized only them to sign checks on it. In late December 1959, appellees learned that appellant, since July 1954, had been permitting their secretary to sign checks on the account. Of the checks so signed by her, she had made 126 of them payable to herself and had cashed or deposited them to her personal account.
Appellees learned also that appellant, since January…
2Cases cited4 opinions
- First Nat. Bank of Philadelphia v. FarrellCourt of Appeals for the Third Circuit · 1921
- National Dredging Co. v. PresidentSupreme Court of Delaware · 1908
- Deer Island Fish & Oyster, Co. v. First Nat. BankMississippi Supreme Court · 1933
- Manufacturers' National Bank v. BarnesIllinois Supreme Court · 1872
3Cited by3 opinions
- Delta Chemical and Petroleum, Inc. v. Citizens Bank of ByhaliaCourt of Appeals of Mississippi · 2001
- Brickell v. First National BankMississippi Supreme Court · 1979
- MISSISSIPPI B. & T. CO. v. County Sup. & Diesel Serv., Inc.Mississippi Supreme Court · 1971