Charleston National Bank v. Muller

The facts upon which this appeal is based are not in dispute. On October 10, 1972, the Columbian Savings and Loan Association issued a check drawn on The Charleston National Bank, Charleston, Illinois, payable to LaVerne Hardesty in the amount of $200. The check was later deposited in their account in the Coles County National Bank of Charleston, Illinois, by S. John Muller and Paul C: Komada. At the time of deposit, the check did not bear the endorsement of the payee, LaVerne Hardesty. The check was transferred by routine banking transactions and was subsequently returned to Columbian…