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FIDELITY & DEPOSIT CO. v. FIRST NAT. BANK OF KENOSHA

No. 79-1720.

98 Wis.2d 474 (1980)

297 N.W.2d 46

FIDELITY & DEPOSIT COMPANY OF MARYLAND, a foreign corporation, and First Federal Savings & Loan Association of Wisconsin, a Wisconsin corporation, Plaintiffs-Appellants, v. FIRST NATIONAL BANK OF KENOSHA, a federally chartered banking corporation, Defendant-Respondent.

Court of Appeals of Wisconsin.

Decided August 13, 1980.

Attorney(s) appearing for the Case

For the plaintiffs-appellants there was a brief by de Vries, Vlasak & Schallert, S.C., of Milwaukee, and Professor Ralph C. Anzivino, of counsel.

For the defendant-respondent there was a brief by Heide, Hartley, Thom, Wilk & Guttormsen, of Kenosha.

Before Voss, P.J., Brown, J., and Moser, J.

MOSER, J.

This is an appeal from a judgment dismissing the complaint of First Federal Savings & Loan Association (First Fed) and Fidelity & Deposit Company of Maryland (Fidelity) against First National Bank of Kenosha (First National). First Fed and Fidelity sued First National for accepting home improvement loan checks containing forged endorsements. After trial to the court, the action was dismissed based on First...

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