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  5. 712 S.W.2d 193 (1986)
 

UNIVERSITY STATE BANK v. ALLIED CONROE BANK

No. A14-85-868-CV.

712 S.W.2d 193 (1986)

UNIVERSITY STATE BANK, Appellant, v. ALLIED CONROE BANK, Appellee.

Court of Appeals of Texas, Houston (14th Dist.).

Rehearing Denied June 5, 1986.

Attorney(s) appearing for the Case

Mark David, Don Campbell, Dallas, for appellant.

Jeffrey L. Rogers, Houston, for appellee.

Before J. CURTISS BROWN, C.J., and ROBERTSON and CANNON, JJ.

OPINION

ROBERTSON, Justice.

Appellant, University State Bank, appeals from an adverse judgment in favor of appellee, Allied Conroe Bank, in an action to recover on a cashier's check. The question presented is whether the bank issuing a cashier's check may refuse to honor it and assert a defense to its payment. We hold it may not do so and affirm.

The facts are not in dispute. James Rogers was doing business under several assumed names. He was a customer...

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