Question: On March 6 th , W . L . Bundy was declared incompetent by the superior court for Sacramento county. On March 7 th ,

On March 6th, W.L. Bundy was declared incompetent by the superior court for Sacramento county. On March 7th, Security Bank issued a cashier's check to Bundy for $10,000, payable to him. on March 18th, M.P. Barnes was appointed to handle Bundy's affairs. On August 5th, Monday endorsed the check to a partnership which, in turn, deposited the check and the Hellman bank. The check was sent to Security Bank for payment. Payment was refused by Security Bank, but not before the partnership had withdrawn $5,000 from the helmet bank. Hellman sued Bundy, Security Bank and the partnership for $5,000. Bundy, through Barnes, sued the Security Bank for $10,000. Does Hellman Bank get $5,000 from bundy? Does Bundy get $10,000 from the security bank? Why or why not?

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