Fidelity Investment Co. v. McNab-Grimsley Co.
Fidelity Investment Co. v. McNab-Grimsley Co.
Opinion of the Court
McNab-Grimsley Company filed a petition alleging that Fidelity Investment Corporation and E. H. Quo were indebted to it in the sum of $319, by reason of the following facts: that the said E. H. Quo and the Fidelity Investment Corporation operate a bank and have adopted the name of the Fidelity Savings Bank, and under this name issue cheeks and receive deposits, and pay upon the checks when such cannot be avoided; that on May 9, 1922, H. J. Washington, a director of the Fidelity Investment Company, issued his check on the said Fidelity Savings Bank, payable to petitioner, in the sum of $319; that on presentation of the check, for payment it was not paid and the defendants, through E. H. Quo, the executive head of the Fidelity Investment Corporation, made an entry thereon as follows: “60 days notice required on this. Q.”; that at the end of 60 days the checK was again presented and payment was refused, although the
Judgment reversed.
Case-law data current through December 31, 2025. Source: CourtListener bulk data.