Bagby v. Merrill Lynch, Pierce, Fenner & Smith, Inc.
Court of Appeals for the Eighth Circuit
1Opinion of the Court
STEPHENSON, Circuit Judge.
This appeal involves an interpretation of § 3-406 of the Uniform Commercial Code, as adopted in Missouri, which specifies that negligence which “substantially contributes to * * * the making of an unauthorized signature * * * ” wiH preclude the drawer from asserting a forgery.
The appeal is a consolidation of two diversity actions originally brought in the United States District Court for the Western District of Missouri. Initially, plaintiff Anna C. Bagby sought damages from defendant Merrill Lynch, Pierce, Fenner & Smith, Inc. (Merrill Lynch) for the conversion and…
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- Salsman v. National Community Bank of RutherfordNew Jersey Superior Court Appellate Division · 1968
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- American Sash & Door Co. v. Commerce Trust Co.Supreme Court of Missouri · 1933
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