Fidelity & Deposit Co. of Maryland v. Hamilton Nat. Bank

Hamilton National Bank -and R. T. Wright have appealed from a decree rendered against them and in favor of the Fidelity and Deposit Company of Maryland, as assignee of the Volunteer State Life Insurance Company, representing the sum of $3,218.20 of the funds of Volunteer State Life Insurance Company misappropriated by its treasurer, Oscar Mather, and paid by said Mather to the Hamilton ’National Bank as collecting agent for Wright.

On January 27, 1930, the Hamilton National Bank held, as collecting agent for R. T. Wright, Mather’s personal note amounting, with interest, to $3,218.20, secured…