CUNNINGHAM v. MID STATE BANK

No. 12A02-8903-CV-100.

544 N.E.2d 530 (1989)

David J. CUNNINGHAM and Allen M. Valenti, Appellants (Plaintiffs below), v. MID STATE BANK, Appellee (Defendant below).

Court of Appeals of Indiana, Third District.

Rehearing Denied December 5, 1989.


Attorney(s) appearing for the Case

John H. Calhoun, Jr., Indianapolis, for appellants.

Keith A. Peterson, Merchants Nat. Corp., Indianapolis, for appellee.


HOFFMAN, Judge.

Plaintiffs-appellants David Cunningham and Allen Valenti appeal from the entry of summary judgment in favor of defendant-appellee Mid State Bank, in an action alleging wrongful conversion of monies deposited with the bank. The facts relevant to this appeal are summarized below.

On March 22, 1985, Cunningham and Valenti deposited with Farmers State Bank of Zionsville, Indiana the sums of $10,000.00 and $15,000.00 respectively, which deposits...

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