Legal Opinion
Indiana National Corp. v. FACO, Inc.
Indiana Court of Appeals
Decided February 19, 1980No. 2-577A184PublishedCited by 30 opinions
1Opinion of the Court
CHIPMAN, Judge.
Indiana National Bank (INB) appeals from an adverse judgment in a suit brought by FACO, Inc. The complaint alleges INB wrongfully paid 167 forged checks drawn on FACO's account. The checks had been forged by FACO's bookkeeper and made payable either to his daughter or to himself. The trial court entered judgment for $51,-809.09 which was the sum of the 167 checks together with interest from February 10, 1976.
The issues on appeal concern whether FACO and/or INB met their respective duties as prescribed by pertinent portions of Ind.Code 26-1-4-406. 1 Also at issue is the…
2Cases cited7 opinions
- Beaman v. HedrickIndiana Court of Appeals · 1970
- Horvath v. DavidsonIndiana Court of Appeals · 1970
- V. H. Juerling & Sons, Inc. v. First National BankIndiana Court of Appeals · 1968
- LAKE CTY. COUNCIL v. ArredondoIndiana Supreme Court · 1977
- Bennett v. BennettIndiana Court of Appeals · 1977
2 more not listed; retrieve them via the Exa API.
3Cited by30 opinions
- American Airlines Employees Federal Credit Union v. MartinTexas Supreme Court · 2000
- Welch v. Railroad Crossing, Inc.Indiana Court of Appeals · 1986
- McClamroch v. McClamrochIndiana Court of Appeals · 1985
- Claise v. BernardiIndiana Court of Appeals · 1980
- Jensen v. EssexbankMassachusetts Supreme Judicial Court · 1985
25 more not listed; retrieve them via the Exa API.