Standard Steam Specialty Co. v. Corn Exchange Bank
New York Court of Appeals
Appeal, by permission, from a judgment of the Appellate Division of the Supreme Court in the first judicial department, entered October 23, 1914, which reversed an order of the Appellate Term reversing a judgment of the Municipal Court of the city of New York in favor of defendant and affirmed said Municipal Court judgment. The nature of the action and the facts, so. far as material, are stated in the opinion.
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Appeal, by permission, from a judgment of the Appellate Division of the Supreme Court in the first judicial department, entered October 23, 1914, which reversed an order of the Appellate Term reversing a judgment of the Municipal Court of the city of New York in favor of defendant and affirmed said Municipal Court judgment. The nature of the action and the facts, so. far as material, are stated in the opinion. The indorsements of plaintiff’s name on the checks in question were forgeries. (Schmidt v. G. Nat. Bank, 64 Hun, 298; 138 N. Y. 631.) The indorsements on the checks in question having…
1Opinion of the CourtPound, J.
This is an action brought to recover the amount of eleven checks, aggregating $329.19, drawn to plaintiff’s order by several of its customers on their banks. The checks were deposited in the defendant bank in the regular course of business under these circumstances: Plaintiff kept its bank account in the Greenwich Bank. It had pi-ovided its stenographer, Harriet Cohen, with a rubber stamp with which to indorse checks for deposit as follows: “Pay to the order of the Greenwich Bank. The Standard Specialty Co.” Her authority to indorse was limited strictly to the use of this stamp, to be…
2Cases cited11 opinions
- The People v. . Bank of North AmericaNew York Court of Appeals · 1879
- Phillips v. Mercantile National BankNew York Court of Appeals · 1894
- Seaboard National Bank v. Bank of AmericaNew York Court of Appeals · 1908
- Schmidt v. Garfield Nat. BankNew York Supreme Court · 1892
- Exchange Bank v. ThrowerSupreme Court of Georgia · 1903
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- Whiting v. . Hudson Trust Co.New York Court of Appeals · 1923
- Wagner Trading Co. v. Battery Park National BankNew York Court of Appeals · 1920
- Coeur D'Alene Mining Co. v. First National BankIdaho Supreme Court · 1990
- Gresham State Bank v. O & K Construction Co.Oregon Supreme Court · 1962
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