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· 11/9/1918

Feeders Supply Co. v. First National Bank

Citations

  • 103 Kan. 654
  • 176 P. 129
  • 1918 Kan. LEXIS 347

Syllabus

<p>SYLLABUS BY THE COURT.</p> <p>1. Draft — Forwarded to Bank for Collection — Duty of Bank. It is the duty of a bank accepting the task of collecting a draft to use reasonable diligence in presenting and reporting on such instrument to the sender.</p> <p>2. Same — Want of Diligence Shown. The undisputed facts set forth in the opinion show that such diligence was not used by the defendant, and that such failure damaged the plaintiff.</p> <p>3. Same — New Trial Ordered. A new trial to ascertain the amount of damages is ordered.</p>

Judges: West

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This is legal information, not legal advice. Laws vary by jurisdiction and change frequently. Always verify current law with official sources and consult a licensed attorney in your jurisdiction for advice on your specific situation.