Arthur Odgers died, and his widow, Elizabeth Odgers (Elizabeth Salsman by remarriage), retained Breslow as the attorney

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Arthur Odgers died, and his widow, Elizabeth Odgers (Elizabeth Salsman by remarriage), retained Breslow as the attorney for her husband’s estate. She received a check payable to her drawn on First National City Bank. Breslow told her to deposit it in her husband’s estate. She signed an indorsement “Pay to the order of Estate of Arthur J. Odgers.” Breslow deposited this check in his trustee account in National Community Bank, which collected the amount of the check from the drawee, First City National Bank. Thereafter, Elizabeth, as administratrix of the estate of Arthur J. Odgers, sued National Community Bank for collecting this check and crediting Breslow’s trustee account with the proceeds. Was National Community Bank liable? Explain. [Salsman v National Community Bank, 246 A2d 162 (NJ Super)]

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Andersons Business Law and the Legal Environment

ISBN: 978-0324786668

21st Edition

Authors: David p. twomey, Marianne moody Jennings

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