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S.C. NAT'L BANK v. LAKE CITY STATE BANK

18381

246 S.C. 287 (1965)

143 S.E.2d 584

The SOUTH CAROLINA NATIONAL BANK OF CHARLESTON, Respondent, v. LAKE CITY STATE BANK and Hartford Accident & Indemnity Company, Appellants.

Supreme Court of South Carolina.

July 20, 1965.

Attorney(s) appearing for the Case

Messrs. D. Laurence McIntosh and Wright, Scott, Blackwell & Powers, of Florence, and S. Russell Floyd, of Lake City, for Appellants.

Messrs. F. Dean Rainey, of Greenville, and Sinkler, Gibbs & Simons, of Charleston, for Respondent.

Messrs. D. Laurence McIntosh and Wright, Scott, Blackwell & Powers, of Florence, and S. Russell Floyd, of Lake city, for Appellants, in Reply.

July 20, 1965.

BRAILSFORD, Justice.

This action is a sequel to an action by W. Wesley Singletary & Son, Inc. (Singletary) against Lake City State Bank (Lake City) to which we first refer.

Over a period of years, a job foreman employed by Singletary caused checks to be issued on padded payroll records and cashed them on forged endorsements at various banks, including The South Carolina National Bank of Charleston. These checks were forwarded to...

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