PEEK v. BANK OF STAR CITY

No. 5-3223.

377 S.W.2d 158 (1964)

Noah S. PEEK, Jr., Appellant, v. BANK OF STAR CITY, Appellee.

Supreme Court of Arkansas.

April 13, 1964.


Attorney(s) appearing for the Case

Coleman, Gantt, Ramsay & Cox, Pine Bluff, for appellant.

Fulk, Lofton, Wood, Lovett & Parham, Little Rock, for appellee.


JOHNSON, Justice.

This suit resulted from a rather involved series of banking transactions frequently called check kiting. Sometime late in December, 1961, the cashier of appellee Bank of Star City advised one of its customers, the late J. Thurman McCool, that he had a number of bank drafts being returned unpaid and that he would either have to deposit sufficient funds to cover these drafts or the bank would accept future drafts for collection only. McCool had several...

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