St. Croix Engineering Corp. v. McLay

SIMONETT, Justice.

The subject of this lawsuit is a series of five checks on the account of Mitronics, Inc., and signed by Gerald M. McLay, president of the corporation. The checks were issued to the appellant, St. Croix Engineering Corporation. When the checks were dishonored, St. Croix brought suit against Mitronics on the underlying obligation and obtained a judgment in the amount of $46,-984.38. Mitronics subsequently went into Chapter 11 bankruptcy proceedings. St. Croix then brought this suit against the estate of Gerald M. McLay (McLay died shortly after Mitronics went into Chapter 11…