PEARSON, C.J.
This appeal requires a determination of the legal rights and responsibilities of two relatively innocent parties, both of whom were victimized by the criminal activities of a fiduciary.
Resolution of the issues requires an interpretation of certain provisions of articles 1, 3, and 4 of the Uniform Commercial Code, RCW 62A.1-101, et seq. The facts are largely undisputed.
In the fall of 1967, plaintiff (respondent, E.L. Von Gohren...
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