Bank of Thomasville v. Lester

The first headnote does not require elaboration.

The bank’s cashier waived the maturity date, and agreed to immediately cash the certificates and invest the funds in warrants of Thomas County. The certificates were properly indorsed and delivered to the .cashier, with the request that the bank “segregate the said money for the specific purpose of such investment.” The cashier “assured petitioner” that such would be done. Petitioner relied upon the promise, and was subsequently assured that the investment had been made. Under these facts, the relationship of Lester to the bank was materially…