Suter v. City Nat. Bank

On January 17, 1927, G. L. Suter, who lived in Devol, Okla., drew a draft of that date on Hunt Rigsby Company at Burkburnett, Tex., for the sum of $843.87, made payable to the order of the Oklahoma State Bank of Devol, hereinafter referred to as the Devol bank. At the time that draft was drawn, Suter was indebted to the Devol bank in the sum of $269.25, and he was given credit on the books of the bank for the amount of the draft less 81 cents, which was charged to exchange account, and, after allowing that credit, the books of the bank showed a balance to his credit of $73.81. The Devol bank…