Ames v. Great Southern Bank

How courts have described this case

Verbatim parenthetical descriptions written by other courts when citing this decision. Ranked by citation-network relevance.

• holding that, under former section 3.419(b), bank which pays funds in breach of contract on missing indorsement is liable for face amount of instrument”
• holding that bank could not reasonably have believed that a bookkeeper who was authorized to sign checks from corporate account of “Nancy Ames Productions” had similar authority over Nancy Ames’s personal accounts
• holding bank’s payment on instrument lacking proper endorsement resulted in conversion and made bank liable for face amount of instrument
• considering whether there was “pattern of conduct” by principal that would establish apparent agency
• explaining “[t]he provisions of a certificate of deposit form a contract which creates the relationship of debtor and creditor between the bank and its depositor … subject to the law of contracts”
• explaining “[t]he provisions of a certificate of deposit form a contract which creates the relationship of debtor and creditor between the bank and its depositor … subject to the law of contracts”

Source: CourtListener parenthetical corpus (CC0).