SOUTHERN CONTRACT CARPE, INC. v. CTY. NAT. BK. OF S. FLA.

No. 87-2144.

528 So.2d 42 (1988)

SOUTHERN CONTRACT CARPET, INC., Appellant, v. COUNTY NATIONAL BANK OF SOUTH FLORIDA, Appellee.

District Court of Appeal of Florida, Third District.

Rehearing Denied July 26, 1988.


Attorney(s) appearing for the Case

Diane H. Tutt, Litman, Muchnick, Wasserman & Hartman, Hollywood, for appellant.

Mamber & Savage and Steven M. Singer, North Miami Beach, for appellee.

Before SCHWARTZ, C.J., and NESBITT and DANIEL S. PEARSON, JJ.


SCHWARTZ, Chief Judge.

On May 10, 1983, although the deposit agreement with the appellant, Southern Contract Carpet, Inc., provided that withdrawals from its account could be made only by two required signatures, Jack Herman and Dorothy Herman, the appellee bank permitted a cash withdrawal of $35,000 on the basis of a withdrawal slip which contained only the signature of Dorothy Herman. On August 12, 1985, more than a year after Southern Contract had received a bank...

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