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RICHMOND INS. CO. v. LITTEER

No. 6522.

1 F.2d 311 (1924)

RICHMOND INS. CO. et al. v. LITTEER.

Circuit Court of Appeals, Eighth Circuit.

August 19, 1924.

Attorney(s) appearing for the Case

Cruce & Potter, of Ardmore, Okl., for plaintiffs in error.

William B. Johnson and Hugh W. McGill, both of Ardmore, Okl., for defendant in error.

Before KENYON, Circuit Judge, and AMIDON and SCOTT, District Judges.

AMIDON, District Judge.

This action was brought by Litteer, as receiver, against the Insurance Company and the Choctaw Cotton Oil Company to recover $17,375.57 on drafts issued by the local agent of the Insurance Company to the Cotton Oil Company in settlement of losses by fire. The drafts were indorsed by the payee and deposited to its credit in the State National Bank of Ardmore. Later the Oil Company drew out nearly the whole amount so credited. Notwithstanding...

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