Patterson Produce Co. v. First National Bank of Florida

HALL, Judge.

First National Bank filed suit against Patterson Produce Company for damages due to the company’s default on two prom-missory notes. Patterson Produce answered and filed a three-count counterclaim, count I of which was directed to the bank’s alleged mishandling of certain deposits to the company’s accounts. The trial court entered summary judgment in favor of the bank on the authority of section 674.406, Florida Statutes (1983), as to count I of the counterclaim.1 This appeal ensued.

The relevant facts reveal that Patterson Produce maintained a payroll account and corporate account…