Larsen v. James

In September, 1881, the Merchants’ & Mechanics’ Bank was organized and commenced business in Lead-ville, and continued the business until January 30,1884, when having become insolvent it closed its doors. In November, 1883, plaintiff Larsen drew his check upon the bank for $7,000, payable to the order of Peter W. Breen, which check *314was certified by the cashier as follows: “ Good when properly indorsed,” and delivered to Breen. On the 30th of January Breen presentéd the check properly indorsed for payment,— which was not made. Plaintiff had upon deposit in the bank money to pay the check. The…