SAF-T-BOOM CORP. v. UNION NAT'L BANK

No. 5-2966.

367 S.W.2d 116 (1963)

SAF-T-BOOM CORPORATION, Appellant, v. UNION NATIONAL BANK OF LITTLE ROCK et al., Appellees.

Supreme Court of Arkansas.

April 29, 1963.


Attorney(s) appearing for the Case

Moses, McClellan, Arnold, Owen & McDermott, by E. M. Arnold and W. E. Henslee, Little Rock, for appellant.

Chowning, McHaney, Mitchell, Hamilton & Burrow, Pope, Pratt & Shamburger, by Donald S. Ryan, Little Rock, for appellees.


HOLT, Justice.

This action stems from a controversy about the ownership of a $5,644.80 check made payable to the appellant, Saf-T-Boom Corporation. The check was accepted and paid by the appellee, Union National Bank, upon an unauthorized endorsement.

The appellant demanded that the Bank make good to it as the named payee, the check which appellee, Robert L. James, had negotiated upon his unauthorized endorsement. The Bank refused and then froze or impounded...

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