Question 436. - A bank at E F's request sends this telegram to a correspondent: "Notify and pay to AB ten thousand dollars to be applied on account of C and D bonds." The money is paid by the correspondent to AB with directions to apply as above, but AB does not apply it as directed. Can the bank or its correspondent be held responsible by EF, on the ground that the correspondent should have seen that the money was applied as directed?

Answer. - We think not. The instructions were to pay the money to AB, and to inform him of the application to be made of it. If these instructions were carried out the matter would rest entirely between EF and AB.