Nat'l Loan & Exchange Bank v. Lachovitz

The opinion of the Court was delivered by

Mr. Justice Fraser.

The cardinal facts in this case are, in brief:

The Ideal Theatre Company, Inc., drew its check on the National Loan & Exchange Bank of Columbia, for the sum of $88.94, payable to “cash,” and delivered it to one M. Kantoroff. Kantoroff carried it to the respondent, Louis Lachovitz, who cashed it, part in goods and part in money. Mr. Lachovitz deposited the check in The Carolina National Bank for . collection. The check was returned unpaid, marked “N. S. F.,” which means “not sufficient funds.” A few days later Mr. Lachovitz sent his…