BEACON CHOCOLATE CO. v. BANK OF MONTREAL

No. 3659.

14 F.2d 599 (1926)

BEACON CHOCOLATE CO. v. BANK OF MONTREAL.

Circuit Court of Appeals, Seventh Circuit.

Rehearing Denied September 18, 1926.


Attorney(s) appearing for the Case

Mitchell D. Follansbee and Clyde E. Shorey, both of Chicago, Ill., for plaintiff in error.

Louis L. Dent, of Chicago, Ill., for defendant in error.

Before ALSCHULER, EVANS, and ANDERSON, Circuit Judges.


EVAN A. EVANS, Circuit Judge.

This writ of error presents a question of the asserted liability of defendant bank to a depositor (plaintiff) growing out of an embezzlement by an employee of such depositor.

Plaintiff, a Boston corporation, started a branch sales office at Chicago, and opened an account with defendant bank, in 1919, depositing its customers' checks therein. During the period covering its business transactions with defendant, plaintiff had three...

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