Atkinson v. Valley National Bank

OPINION

HOWARD, Judge.

This appeal from a judgment dismissing appellant’s complaint and in favor of appellee on its counterclaim (pursuant to the court’s direction of a verdict), presents this court with a fact situation rivaling the complexity of the Gordian Knot; yet by resorting to normal rules of contract law, the intricacies may be unravelled. When the strands are organized, affirmance is warranted.

The original complaint alleged that appellee had wrongfully converted appellant’s bank account. Appellee answered and counterclaimed to recover the amount allegedly due on a note held to secure…