LANCE INT'L, INC. v. FIRST NAT'L CITY BANK


36 A.D.2d 919 (1971)

Lance International, Inc., Appellant, v. First National City Bank, Respondent

Appellate Division of the Supreme Court of the State of New York, First Department.

May 11, 1971


Appellant shall recover of respondent $50 costs and disbursements of this appeal. The complaint, in effect, charges defendant, as collecting bank, with breaching its duty to remit funds actually collected on plaintiff's behalf. It is alleged that defendant procured drawee's acceptance to each draft and said drawee's direction that its funds, on deposit with defendant, be remitted to plaintiff in payment of those drafts. Defendant is charged with refusing to remit after collecting...

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