City Nat. Bank in Childress v. Phillips Petroleum Co.

SMEDLEY, Commissioner.

Defendant in error recovered judgment against plaintiff in error for $669.35, being the total amount of several checks payable to defendant in error drawn by Michie Motor Company on plaintiff in error’s bank in payment for petroleum products • purchased by said company from defendant in error. It is alleged that defendant in error’s agent, who sold the petroleum products, and to whom the checks were delivered, indorsed and cashed the checks, without authority, at plaintiff in error’s bank, and retained the proceeds, and that plaintiff in error, hy reason of having so…