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CARTWRIGHT VAN LINES, INC. v. BARCLAYS BANK OF NEW YORK

120 A.D.2d 478 (1986)

Cartwright Van Lines, Inc., Appellant, v. Barclays Bank of New York, Respondent. (And a Third-Party Action.)

Appellate Division of the Supreme Court of the State of New York, Second Department.

May 5, 1986

Judgment affirmed, with costs.

The defendant Barclays Bank of New York (hereinafter Barclays Bank) permitted the third-party defendant Connecticut Marketing and Investment Company (hereinafter CMI) to deposit checks made payable to the plaintiff Cartwright Van Lines into a CMI bank account. The checks were indorsed "Cartwright Van Lines, Inc., For Deposit Only, Connecticut Marketing Investors", or some variation thereof.

CMI had entered into an agency agreement...

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