Eissing Chemical Co. v. People's National Bank of Brooklyn

Jaycox, J.:

The substance of the complaint in this action is that the president of the plaintiff, one William F. Eissing, opened a deposit account in his name as trustee with this defendant and thereafter wrongfully and fraudulently deposited therein checks drawn to the order of and the property of the plaintiff corporation and thereafter withdrew the amounts represented by such deposits and converted the same to his own use. The charge against this defendant is that it permitted him so to do. This action was commenced on *90the 18th day of April, 1918. The defendant’s answer was served on the…