Texas American Bank/Farmers Branch v. Abrams Centre National Bank

I respectfully dissent. The present case centers on whether four checks totaling $196,176.19 payable to the order of Texas American were returned in a timely fashion by Abrams Centre.

I begin with the odyssey of the checks. On August 14, 1986, four checks drawn on the Road Show, Inc. account with Abrams Centre were presented to Texas American as payments on a line of credit note obligation. The checks were transferred that same day to the off-premises data processor for Texas American, TASI. TASI processed the checks, ensuring that the checks were routed to the proper drawee institution. As…