Saf-T-Boom Corp. v. Union National Bank

Frank Holt, Associate Justice.

This action stems from a controversy about the ownership of a $5,644.80 check made payable to the appellant, Saf-T-Boom Corporation. The check ivas accepted and paid by the appellee, Union National Bank, upon an unauthorized endorsement.

The appellant demanded that the Bank make good to it, as the named payee, the check which appellee, Robert L. James, had negotiated upon his unauthorized endorsement. The Bank refused and then froze or impounded the balance in James’ personal account which was the sum of $1,204.58. Thereupon the appellant filed suit against the…