RIVERVIEW CO-OP. v. 1ST NAT. BANK

Docket No. 67253, (Calendar No. 9).

417 Mich. 307 (1983)

337 N.W.2d 225

RIVERVIEW COOPERATIVE, INC v. THE FIRST NATIONAL BANK AND TRUST COMPANY OF MICHIGAN

Supreme Court of Michigan.

Decided August 22, 1983.


Attorney(s) appearing for the Case

Snyder & Handler, P.C. (by David S. Snyder), for the plaintiff.

Howard & Howard, P.C. (by John W. Allen and Rita L. Repko), for the defendant.


RYAN, J.

This is an action against a bank for wrongfully honoring checks drawn upon the appellant's account by a drawer not authorized to do so.

Riverview Cooperative, Inc., is a nonprofit corporation established to provide low- and moderate-income housing in the Kalamazoo area. In 1973, its board of directors retained the services of Consumers System, Inc., hereinafter Consumers, a real-estate management firm, to oversee the day-to-day operations of Riverview...

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