First Rome Bank v. Reese Oil Co.

Andrews, Judge.

First Rome Bank, defendant below, appeals the grant of partial summary judgment to Reese Oil Company, Inc. on a claim for conversion under OCGA § 11-3-419.

Viewed in favor of the bank, opponent of summary judgment, the undisputed facts were that Reese Oil had an account with First Rome. Reese Oil supplied First Rome with its corporate authorization, which showed three authorized signers for the account: Sam Reese, Jr., president and sole stockholder of the company; W. C. Reese, Sam’s brother and vice-president of the company; and Dorothy Reese, Sam’s wife and secretary-treasurer…