SECURITY STORAGE CO. v. EQUITABLE SECURITY TRUST CO.


147 A.2d 507 (1958)

SECURITY STORAGE COMPANY, a corporation of the State of Delaware, Plaintiff, v. EQUITABLE SECURITY TRUST COMPANY, a banking corporation of the State of Delaware, Defendant.

Superior Court of Delaware, New Castle.

December 12, 1958.


Attorney(s) appearing for the Case

James R. Morford and George L. Sands, Wilmington, for plaintiff.

Henry M. Canby and E. Norman Veasey, Wilmington, for defendant.


CHRISTIE, Judge.

Plaintiff corporation maintained a checking account at defendant bank. Plaintiff employed Samuel H. Chestnut as a claims adjustor. On several occasions over a period of years, Chestnut caused plaintiff's bookkeeper to draw checks on the defendant bank in favor of certain persons, ostensibly to pay for repair work to furniture in settlement of claims. Some of these checks were for actual services rendered...

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