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BROOKS v. VALLEY NATIONAL BANK

No. 1 CA-CIV 2481.

24 Ariz. App. 484 (1975)

539 P.2d 958

Charles R. BROOKS, Appellant, v. The VALLEY NATIONAL BANK, a corporation, Appellee.

Court of Appeals of Arizona, Division 1, Department B.

Rehearing Denied October 10, 1975.

Review Granted November 18, 1975.

Attorney(s) appearing for the Case

Yankee & Bernstein, by James A. Yankee, Phoenix, for appellant.

Snell & Wilmer, by George H. Lyons and John J. Bouma, Phoenix, for appellee.

OPINION

JACOBSON, Presiding Judge.

Was a cause of action stated against a collector of mortgage payments to account for profits derived by the collector in investing moneys received from periodic payments for taxes and insurance? This is the sole question presented on this appeal.

Appellant, Charles R. Brooks, brought an action on behalf of himself and others similarly situated1 against the appellee, Valley National Bank...

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