Warren Metals Ltd v Colonial Catering Co Ltd and Others - [1975] 1 NZLR 273

Bankers and banking — General rights and obligations — Receipt of money on current account — Special account opened by a deposit by plaintiff in name of a company — Banker knowing account to be operated by plaintiff only on an authority to be signed by second defendants — Authority never signed — Subsequently valid authority in favour of second defendants presented and moneys withdrawn — Banker put on inquiry — Liability as a constructive trustee.