COEUR D'ALENE MIN. CO. v. FIRST NAT. BK.

No. 17565.

800 P.2d 1026 (1990)

118 Idaho 812

COEUR d'ALENE MINING COMPANY, a Maine corporation and Prichard Resources Company, an Idaho corporation, Plaintiffs-Appellants, v. FIRST NATIONAL BANK OF NORTH IDAHO, a National banking Association, Defendant-Respondent.

Supreme Court of Idaho.

October 11, 1990.


Attorney(s) appearing for the Case

Robert E. Covington, III, Coeur d'Alene, for plaintiffs-appellants.

Witherspoon, Kelley, Davenport & Toole, Coeur d'Alene, for defendant-respondent. Edward J. Anson argued.


JOHNSON, Justice.

This is a case involving checks. In deciding the case we are required to construe portions of the Uniform Commercial Code (the UCC) and the Uniform Fiduciaries Law (the UFL), as enacted in Idaho.

An agent was authorized to deposit checks payable to his principal in the principal's bank account. The agent endorsed in blank some of the checks payable to the principal and deposited them in the agent's personal account in a different bank. The...

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