Feasterville Motors, Inc. v. Provident National Bank

SAVITT, J.,

This case comes before the court upon defendant Provident National Bank’s motion for summary judgment on all three counts of plaintiff Feasterville Motors, Inc.’s amended complaint.

In Count I of its amended complaint, plaintiff charges that defendant wrongfully paid out the funds under the name of Feasterville Motors, Inc. (hereafter Feasterville) to one Bharat D. Bhakta (hereafter Bhakta), who had been authorized by corporate resolution to draw on said account, thereby breaching the implied contract between a bank and its depositor.

In Count II, plaintiff alleges the same facts,…