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TORONTO-DOMINION BANK v. CENT. NAT. BANK & TRUST

Nos. 84-1704, 84-1733 and 84-1759.

753 F.2d 66 (1985)

TORONTO-DOMINION BANK, Appellee, v. CENTRAL NATIONAL BANK & TRUST COMPANY, Appellant, v. Kenneth HOLMQUIST and Dorothy Holmquist. The TORONTO-DOMINION BANK, Appellant, v. CENTRAL NATIONAL BANK & TRUST COMPANY, Appellee, v. Kenneth HOLMQUIST and Dorothy Holmquist. The TORONTO-DOMINION BANK, Appellee, v. CENTRAL NATIONAL BANK & TRUST COMPANY, Appellee, v. Kenneth HOLMQUIST and Dorothy Holmquist, Brenton National Bank of Des Moines, Intervenor-Appellant.

United States Court of Appeals, Eighth Circuit.

Decided January 16, 1985.

Attorney(s) appearing for the Case

John Werner, Des Moines, Iowa, for Central National Bank.

Mark E. Schantz, Des Moines, Iowa, for Toronto-Dominion Bank.

Hayward L. Draper, Des Moines, Iowa, for Brenton Nat. Bank.

Before LAY, Chief Judge, FLOYD R. GIBSON, Senior Circuit Judge, and JOHN R. GIBSON, Circuit Judge.

LAY, Chief Judge.

This is an action brought by Toronto-Dominion Bank (TDB), a Canadian banking organization, against the Central National Bank (CNB), a national banking association located in Des Moines, Iowa,1 for dishonoring and failing to return twelve checks written on behalf of Kenneth Holmquist on the latter's bank account in CNB. All of these checks were written and dishonored in November 1979. Each check was originally deposited...

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