Hill Syrup Co. v. American Savings Bank & Trust Co.

This is an action to recover the proceeds of four checks amounting to $2,080, and the facts are substantially as follows:

In the year 1921, W. E. Sander was the president of the Hill Syrup Company, a corporation, and at the same time he was the principal stockholder, trustee and president of the Hardware Specialties Manufacturing Company. In the months of March and April, 1921, Sander drew checks on the National Bank of Commerce against the funds of the Hill Syrup Company, payable to the American Savings Bank & Trust Company. The checks were cashed by the American Savings Bank & Trust Company…