Arcade Realty Co. v. Bank of Commerce

This action was brought by the Arcade Realty Company against the defendant bank to recover $2,650 paid by defendant upon cheeks drawn in favor of the Arcade Realty Company by C. W. Phillips upon the defendant bank. Phillips assigned his claims thereon against the hank to the plaintiff. The question involved in the case is the authority of one A. W. Clement to indorse such checks on behalf of the plaintiff. Judgment was rendered in favor of the defend-' ant, upholding the -authority of Clement to make such indorsements, and plaintiff appeals. Clement was the appellant’s agent for the…