Chiarello v. Savoy Trust Co.

Thomas, J.:

Plaintiff went to one Cagliano, a banker in Mew York, to obtain from or through him money on deposit in a bank in.Italy. The interview resulted in an agreement that Cagliano should withdraw all the deposit,' which, as. he represented, would require some forty-five days to effect. Cagliano delivered the bank book received from the plaintiff to the defendant, together with a power of attorney to draw the money, falsely executed by a person who, pretending to be Chiarello, was presented to the defendant’s officer, beforé whom he acknowledged the instrument. The defendant advanced all…