TRAVELERS INS. CO. v. JEFFERSON NAT. BANK

No. 80-1361.

404 So.2d 1131 (1981)

TRAVELERS INSURANCE COMPANY, Appellant, v. JEFFERSON NATIONAL BANK AT KENDALL, Appellee.

District Court of Appeal of Florida, Third District.

October 20, 1981.


Attorney(s) appearing for the Case

Joseph A. McGowan, Miami, for appellant.

Kimbrell, Hamann, Jennings, Womack, Carlson & Kniskern and Bruce Charles King, Miami, for appellee.

Before HUBBART, C.J., and HENDRY and BASKIN, JJ.


HENDRY, Judge.

Appellant, Travelers Insurance Company as subrogee of GAC Properties, Incorporated (GAC), and GAC individually, were co-plaintiffs in an action against the defendant/appellee Jefferson National Bank for the conversion of checks on which GAC was the named payee. Sometime in 1973, GAC's employee, Sherwood Savage, opened several bank accounts at Jefferson National in the name of GAL Properties, a Division of American Bancredit Corporation. Due to the similarity...

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