Bank of Jamestown v. Cattaraugus County Bank of Little Valley

The salient facts in this action are not in dispute. One George T. Botsford, as executor of the Rose P. Shannon estate, misappropriated a large sum of money which had been entrusted to his care in that estate. He had been conducting a retail grocery store and disappeared on September 7, 1931. Prior to that time he had “borrowed money from the defendant bank *656and given to the latter certain promissory notes which had matured. After his disappearance his wife continued to conduct the grocery business, and on November 9, 1931, she was appointed administratrix of her husband’s estate. As such…