Supreme Court of Florida

G. L. Edwards, as Receiver of Suwannee River Bank, a Corporation, Appellant v. W. B. Lewis, Trading as Jasper…

November 20, 192998 Fla. 956

Summary

The Supreme Court of Florida affirmed the lower court's order, overruling the demurrer and holding that a check deposited for collection creates a principal‑agent/trust relationship between the depositor and the bank until final payment, giving the depositor a preferred claim against the receiver of the insolvent bank.