Between January 14, 1957 and February 7, 1957 one Ford, a town Supervisor, misappropriated town funds of which the bank was the depository by diverting them to his personal account or that of a partnership, of which he was a member, also maintained therein. His surety reimbursed the town for the losses thus incurred, took an assignment of the town's cause of action against the bank and thereupon sued to recover the amount which it had paid. Upon appeal we affirmed Special...
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