Security Pacific National Bank v. Associated Motor Sales

Opinion

POTTER, Acting P. J.—Defendant

Defendant Associated Motor Sales (hereinafter AMS) appeals from a summary judgment in favor of plaintiff Security Pacific National Bank (hereinafter SPNB).

SPNB’s complaint alleged two causes of action. The first sought to recover an overdraft of approximately $188,000 in the commercial checking account of AMS at SPNB, which resulted from the dishonor by the payor banks of approximately $311,925 in checks indorsed and deposited to AMS’s account. The second cause of action sought to impose indorser’s liability upon AMS in respect of the same dishonored…