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FIRST NAT. BANK OF BOSTON v. FIDELITY BANK

Civ. A. No. 88-1611.

724 F.Supp. 1168 (1989)

The FIRST NATIONAL BANK OF BOSTON v. FIDELITY BANK, NATIONAL ASSOCIATION.

United States District Court, E.D. Pennsylvania.

November 3, 1989.

Attorney(s) appearing for the Case

Warren T. Pratt, Philadelphia, Pa., for plaintiff.

Walter Weir, Jr., Klehr Harrison Harvey Branzburg Ellers & Weir, Andrew O. Schiff, Peter McGonigle, Philadelphia, Pa., for defendant.

MEMORANDUM AND ORDER

FULLAM, Chief Judge.

This dispute between two banks over a mis-handled check transaction requires the court to explore some of the consequences which automation has visited upon the respective legal liabilities of banks under Article 4 of the Uniform Commercial Code, which was enacted before the advent of computerized check-processing.

The method of processing checks now in universal use in the United States, Magnetic Ink Character...

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