Dr. Kenneth F. Freels v. Joseph C. Taylor & Associates, Inc. and Howard G. Hogan, Successor Receiver for Joseph C. Taylor & Associates, Inc.

OPINION

HERSCHEL PICKENS FRANKS, P.J., E.S.,

delivered the opinion of the Court,

in which CHARLES D. SUSANO, JR., J„ and WILLIAM H. INMAN, Sp., J., joined.

Plaintiffs sought recovery of cashier’s check on theory of bailment or resulting or constructive trust. From an adverse Judgment by the Chancellor, plaintiffs appealed. We affirm.

The dispositive issue in this action is the ownership of a $50,000.00 cashier’s check, which was made out to “Joe Taylor and Assoc.” by plaintiff Freels.

The check was found in the automobile of Joseph C. Taylor, a Knoxville businessman, after he committed suicide in…