Thornton & Brooks, Inc. v. Brooks

AYRES, Judge.

By this action plaintiff corporation seeks to recover the sum of $8,906.75 withdrawn from its bank account by defendant. Although defendant, as a former officer and as a principal stockholder of the corporation, possessed the authority to withdraw corporate funds from its bank accounts, it is contended this particular withdrawal was unauthorized inasmuch as immediately preceding the withdrawal defendant had sold her stock in the corporation and had resigned her official position.

*191The defense is that the check on which the withdrawal was made was prepared by plaintiff’s bookkeeper…