The Lyon County State Bank v. Schaefer
Decision Date | 06 April 1918 |
Docket Number | 21,465 |
Parties | THE LYON COUNTY STATE BANK, Appellee, v. GEORGE SCHAEFER, Appellant |
Court | Kansas Supreme Court |
Decided January, 1918.
Appeal from Lyon district court; WILLIAM C. HARRIS, judge.
Judgment affirmed.
SYLLABUS BY THE COURT.
1. BANKING--Sight Draft Deposited for Collection--Dishonored--Relation of Bank to Depositor--Parol Evidence. Between the original parties--the nominal drawer of a dishonored sight draft, the party for whose benefit the draft was drawn and deposited in a bank for collection, and the bank which honored the checks of such depositor drawn in anticipation of the draft being collected--parol evidence is competent in an action by the bank against the depositor to show the relationship of the parties and the nature and conditions of the deposit.
2. SAME--Dishonored Sight Draft--Liability of Depositor Thereof. Ordinarily when a bank gives credit to a depositor on the faith of a sight draft deposited to his account, and such sight draft is dishonored, the bank may charge back to the depositor the amount of the dishonored draft; and if his bona fide deposit account is insufficient to meet it, and he refuses to reimburse the bank, the latter may recover judgment against him for the sum involved in the transaction.
S. S Spencer, and I. T. Richardson, both of Emporia, for the appellant.
Owen S. Samuel, and Oscar B. Hartley, both of Emporia, for the appellee.
This lawsuit is to determine a liability on a sight draft which was not paid.
The Lyon County Farmers' Produce Association is a voluntary organization designed to bring together the producers and consumers of agricultural products, for which service the association charges a small commission. Anton Ptacek is its manager. The defendant, George Schaefer, is a producer of hay. Through arrangements made by the association, Schaefer shipped a consignment of hay to a man in Iowa. He gave the bill of lading to Ptacek, who drew a sight draft on the consignee payable to the plaintiff bank, and the bank forwarded the bill of lading with the draft attached for collection. The bank placed the face amount of the draft (less the association's commission) to the credit of Schaefer, and he checked it out. The draft was dishonored, and Schaefer declined to reimburse the bank.
The trial court made findings of fact and rendered judgment for the bank. The findings read:
Defendant's principal contention on appeal is that there was no competent evidence to support the second finding. The court discerns no difficulty on that point. Ptacek, the man who delivered the draft to the bank, was defendant's agent in so doing, and he told the bank what disposition to make of it. This evidence was competent. ...
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