Movie Films, Inc. v. First Security Bank of Utah, NA

CROCKETT, Chief Justice.

Plaintiff Movie Films, Inc. sues the defendant First Security Bank to recover funds which it claims the Bank disbursed on checks not bearing the signatures of the two corporate officers as required by the signature card which fixes the agreement for withdrawals. Upon a trial to the court without a jury judgment was given, for the plaintiff in the amount of $5,450.93.

Defendant Bank appeals, contending:(1) That Shawn D. Patterson, president and director of the plaintiff, had ostensible authority to effect a change of signature cards and to withdraw the funds solely…