(Download) "Denver Electric and Neon Service Corp. v. Gerald H. Phipps Inc." by Colorado Court of Appeals ~ Book PDF Kindle ePub Free
eBook details
- Title: Denver Electric and Neon Service Corp. v. Gerald H. Phipps Inc.
- Author : Colorado Court of Appeals
- Release Date : January 08, 1960
- Genre: Law,Books,Professional & Technical,
- Pages : * pages
- Size : 73 KB
Description
The facts as disclosed by the complaint and the amended complaint show that Gerald H. Phipps, Inc., issued two checks payable to Denver Electric and drawn on The First National Bank of Denver. The first check was dated July 14, 1955, and was in the amount of $8,296.95. The second check was issued on August 8, 1955, and was in the amount of $6,679.94. It is alleged that these checks were negligently delivered by Phipps to the Boley Electric Company and that company endorsed and deposited the checks in its own account; that Union National Bank credited the Boley Electric Company account in the amounts of the checks and that The First National Bank paid these checks notwithstanding neither had been endorsed by the Denver Electric Company, the payee.