Benton, as agent for Savidge, received an insurance settlement check from Metropolitan Life Insurance Co. He indorsed
Question:
Benton, as agent for Savidge, received an insurance settlement check from
Metropolitan Life Insurance Co. He indorsed it “For deposit” and deposited
it in Bryn Mawr Trust Co. in Savidge’s account. What were the nature and
effect of this indorsement? [Savidge v Metropolitan Life Ins. Co., 110 A2d
730 (Pa)]
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Anderson's Business Law And The Legal Environment
ISBN: 9780324638189
20th Edition
Authors: David P Twomey, Marianne M Jennings, Ivan Fox
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