FLORIDA NATL. BANK v. FIRST NATL. BK.

No. 86-2201.

507 So.2d 726 (1987)

FLORIDA NATIONAL BANK, Appellant, v. FIRST NATIONAL BANK OF PALM BEACH and Skylake State Bank, Appellees.

District Court of Appeal of Florida, Third District.

May 19, 1987.


Attorney(s) appearing for the Case

Stinson, Lyons & Schuette and William Lance Gerlin and Adrienne F. Promoff, Miami, for appellant.

Thibadeau, Commander & Henderson and Jonathan D. Commander, Palm Beach, for appellees.

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


SCHWARTZ, Chief Judge.

The appellant, Florida National Bank, is a financing bank which was granted a security interest, evidenced by a UCC-1 form, in the accounts of Adamello Lines, Inc. In the present action, brought as Adamello's assignee, it sought to recover from collecting and drawee banks on the ground that, after the assignment, they had improperly paid third persons on checks made payable to Adamello which had been allegedly transferred by an unauthorized...

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