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LOWRANCE MOTOR COMPANY v. FIRST NATIONAL BANK

No. 16037.

238 F.2d 625 (1956)

LOWRANCE MOTOR COMPANY, Inc., Also known as Lowrance Buick Company, Inc., and Winfred Lowrance, Appellants, v. The FIRST NATIONAL BANK OF AUBURN, Auburn, ALABAMA, Appellee. FIRST NATIONAL BANK OF AUBURN, Auburn, ALABAMA, Cross-Appellant, v. LOWRANCE MOTOR COMPANY, Inc., Also known as Lowrance Buick Company, Inc., and Winfred Lowrance, Cross-Appellees.

United States Court of Appeals Fifth Circuit.

Rehearing Denied January 8, 1957.

Attorney(s) appearing for the Case

Frank M. Gleason, Rossville, Ga., for appellants.

John W. Maddox, Rome, Ga., J. A. Walker, Opelika, Ala., for appellee.

Before TUTTLE, CAMERON and JONES, Circuit Judges.

CAMERON, Circuit Judge.

The appellee, First National Bank of Auburn, Alabama (hereinafter called Bank), claiming to be the holder for value, sued appellant, Lowrance Motor Company, Inc. of La Fayette, Georgia (hereinafter called Lowrance) on four checks totaling $7,025.001 drawn by Lowrance on a Chattanooga bank in favor of Trent Moore Motors of Opelika, Alabama (called Moore) and, by Moore, deposited in his checking account in the Bank...

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