Missouri Court of Appeals July 25, 1978, No. 37990 (Signet Graphic Products, Inc. v. First National Bank of Clayton)

ALDEN A. STOCKARD, Special Judge.

Plaintiff has appealed from an adverse judgment in its action against The First National Bank of Clayton to recover money lost by it when the Bank cashed checks payable to plaintiff and deposited the proceeds in an account maintained by its employees as a “welfare fund.”

Plaintiff was originally incorporated under the name of Setlich Sign Co., Inc.