Valley Nat. Bank of Phoenix v. Milmoe

UDALL, Chief Justice.

The Valley National Bank, one of the defendants below, has appealed from' a judgment entered against it in the sum of $4,842.25 in favor of plaintiff, Florence G. M. Milmoe. The plaintiff alleged that she was damaged in this amount when the defendant bank, as her agent, carelessly and negligently violated her instructions in paying off, with money furnished by plaintiff, a mortgage indebtedness owing Mary Roberts, mortgagee, without simultaneously procuring a new mortgage to her on the same property from the defendants Helen J. Milojevich and Stephen Milojevich. There is…