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PACIFIC METALS CO. v. TRACY-COLLINS BANK & TRUST

No. 11083.

446 P.2d 303 (1968)

21 Utah 2d 400

PACIFIC METALS COMPANY, DIVISION OF A.M. CASTLE & COMPANY, a corporation, Plaintiff, Respondent and Cross-Appellant, v. TRACY-COLLINS BANK AND TRUST COMPANY, a corporation, Defendant, Third-Party Plaintiff and Appellant. BANK OF SALT LAKE, Defendant, Cross-Plaintiff and Respondent, v. TRACY-COLLINS BANK AND TRUST COMPANY, a corporation, Cross-Defendant, Third-Party Plaintiff and Appellant, v. OLYMPUS HEATING AND AIR CONDITIONING, INC., a corporation, Third-Party Defendant.

Supreme Court of Utah.

October 22, 1968.

Attorney(s) appearing for the Case

Fred L. Finlinson, L. Delos Daines, Salt Lake City, for appellant.

Jay A. Meservy, of Greenwood & Meservy, Salt Lake City for Pacific Metals Co.

D. Gary Christian, Salt Lake City, for Bank of Salt Lake.

CROCKETT, Chief Justice.

Plaintiff Pacific Metals Company sued defendants Tracy-Collins Bank and Trust Company and Bank of Salt Lake for conversion of a check for $5,321.70, which was made out to plaintiff and Olympus Heating and Air Conditioning, Inc., as joint payees, and which was honored by defendant banks upon the endorsement of Olympus, but without the endorsement of plaintiff.

Mayne Plumbing and Heating Company had a contract to make an installation...

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