Sugarhouse Finance Co. v. Zions First National Bank

ELLETT, Justice:

The appellant, hereafter referred to as plaintiff, maintained a checking account with Walker Bank & Trust Company, hereafter called Walkers. Zions First National Bank will be referred to as Zions.

First Cause of Action

Davis as manager of plaintiff had authority to draw checks on plaintiff’s account at Walkers, when another required signature was placed on the checks. He caused 32 checks to be drawn to various payees. These checks were endorsed by someone other than the named payees and were deposited by Davis in his personal account or accounts in Zions. The total amount so…