Blacher v. Nat. Bank of Balto.

Bernstein, Cohen & Company was the name under which Max Cohen had long conducted a private bank in Baltimore, and Samuel Blacher, the appellant, a merchant of that city, was one of its old and active depositors. On February 6th, 1925, he made a deposit of fifteen hundred and eighty-nine dollars by endorsing in blank every one of three checks which were drawn on distant banks, payable to his order, and of that aggregate amount. The deposit was. contemporaneously entered as a credit on the depositor’s pass book, which had on the inside of its cover notice to the effect that items payable out of…