Federal Services Finance Corp. v. Bishop National Bank of Hawaii at Honolulu

HASTIE, Circuit Judge.

The Federal Services Finance Corporation, a Delaware corporation and a depositor in the Bishop National Bank of Hawaii, a national banking association, brought this action against the Bank in the District Court for the Territory of Hawaii to recover the amount of twelve checks which the plaintiff had drawn on the Bank payable to the order of the Waipahu Auto Exchange, Limited. Nine of these checks were cashed at the defendant bank by one Anthony Yee, the president of the Waipahu Auto Exchange, Limited. Yee cashed the other three at the Bank of Hawaii, and the amounts…