BANKS AND BANKING - LIABILITY OF BANK FOR PAYING CHECK AFTER "STOP-PAYMENT ORDER"

Authors

Abstract

The plaintiff drew a check on the defendant bank in which he had deposited sufficient funds to meet his order. Before the check was presented, the plaintiff telephoned the defendant bank to stop payment. He described the check as to payee, date, number and amount and in the course of his conversation informed the bank employee that he was "Shude, from the Anchor Steel Co." The countermanding order was applied to the account of the Anchor Steel Co. and plaintiff's check was payed. Held, plaintiff should recover. Shude v. American State Bank, 263 Mich. 519, 248 N. W. 886 (1933).

Recommended Citation

BANKS AND BANKING - LIABILITY OF BANK FOR PAYING CHECK AFTER "STOP-PAYMENT ORDER", 32 Mich. L. Rev. 261 (1933).
Available at: https://repository.law.umich.edu/mlr/vol32/iss2/8