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FIRST FARMERS AND MERCHANTS NATIONAL BANK OF TROY v. COLUMBIA CASUALTY COMPANY

No. 15694.

226 F.2d 474 (1955)

The FIRST FARMERS AND MERCHANTS NATIONAL BANK OF TROY, Appellant, v. COLUMBIA CASUALTY COMPANY, Appellee.

United States Court of Appeals Fifth Circuit.

October 28, 1955.

Attorney(s) appearing for the Case

J. M. Williams, Jr., Montgomery, Ala., Ewell C. Orme, Troy, Ala., Rushton, Stakely & Johnston, Montgomery, Ala., of counsel, for appellant.

Albert W. Copeland, Richard C. Belser, John C. Godbold, Montgomery, Ala., Hill, Robison & Belser, Godbold & Hobbs, Montgomery, Ala., of counsel, for appellee.

Before JONES and BROWN, Circuit Judges, and LYNNE, District Judge.

PER CURIAM.

One Patterson was employed as a salesman by Hudson and Thompson, wholesale grocers. Patterson was authorized to collect from his customers. He had authority to deposit in his personal account with appellant bank collections in the form of cash or checks payable otherwise than to Hudson and Thompson with the duty to account to them for such collections and deposits. Although without any express authority to do so, Patterson placed the endorsement of Hudson...

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