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ARROW BLDRS. CORP. v. ROYAL NAT. BANK

21 N.Y.2d 428 (1968)

Arrow Builders Supply Corp., Respondent, v. Royal National Bank of New York, Appellant.

Court of Appeals of the State of New York.

Decided February 22, 1968.

Attorney(s) appearing for the Case

Stewart Maurice and Thomas E. White for appellant.

Hyman R. Friedman for respondent.

Chief Judge FULD and Judges SCILEPPI, BERGAN, BREITEL and JASEN concur; Judge KEATING taking no part.

BURKE, J.

Faye Zappacosta was employed as a bookkeeper by plaintiff Arrow Builders Supply Corp. Each month, she drew checks for plaintiff's president LaSala on its account in defendant Royal National Bank, payable to the order of that bank, representing income and social security taxes withheld from the wages of Arrow's employees. Between August, 1962 and June, 1964 Zappacosta drew and LaSala purportedly signed...

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