Guaranty Trust Co. of New York v. Hannay
Court of Appeals for the Second Circuit
In Error to the District Court of the United States for the Southern District of New York.. Action at law by Anthony S.- Hannay and others against the Guaranty Trust Company of New'York. Judgment for plaintiffs, and 'defendant brings error. This case comes up on writ of error to review a Judgment rendered in the District Court for the Southern District of New York.
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In Error to the District Court of the United States for the Southern District of New York.. Action at law by Anthony S.- Hannay and others against the Guaranty Trust Company of New'York. Judgment for plaintiffs, and 'defendant brings error. This case comes up on writ of error to review a Judgment rendered in the District Court for the Southern District of New York. The defendants in error were the plaintiffs below, and the plaintiff in error was the defendant below, and will be hereinafter so called. The plaintiffs are British subjects, and are engaged in business in Liverpool, England. The…
1Opinion of the CourtRogers, Circuit Judge
(after stating the facts as above). The question presented to this court involves the right of the drawee of a bill of exchange to recover from an innocent payee the money paid *812if it subsequently turns out that the bill of lading attached to the bill at the time of its acceptance was forged.
[1] The original transaction took place at Liverpool, England. It was. there the contract for the sale and purchase of the- cotton was made. The contract expressly provided that a bill of exchange should be drawn on the Bank of Liverpool. All the transactions relating to its presentation for acceptance,…
2Cases cited16 opinions
- Scudder v. Union National BankSupreme Court of the United States · 1875
- Slater v. Mexican National RailroadSupreme Court of the United States · 1904
- Andrews v. PondSupreme Court of the United States · 1839
- Ennis v. SmithSupreme Court of the United States · 1853
- Hall v. CordellSupreme Court of the United States · 1891
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3Cited by5 opinions
- Usatorre v. the VictoriaCourt of Appeals for the Second Circuit · 1949
- United States Ex Rel. Zdunic v. UhlCourt of Appeals for the Second Circuit · 1943
- Hubbard Bros. & Co. v. Southern Pac. Co.Court of Appeals for the Fifth Circuit · 1919
- United States ex rel. Zdunic v. UhlDistrict Court, S.D. New York · 1943
- The ConstantinopleDistrict Court, E.D. New York · 1926