Legal Opinion
Travelers Indemnity Co. v. Szymanski
New York Supreme Court
Decided December 30, 1954PublishedCited by 1 opinion
1Opinion of the CourtHalpebn, J.
The plaintiff sues as the assignee of the Manufacturers and Traders Trust Company (hereinafter referred to as Manufacturers) to recover the funds which Manufacturers paid out, upon the presentation to it of a check dated January *13220, 1950, drawn upon it by the John D. Wood Products, Inc. (hereinafter referred to as Wood), payable to the order of one B. TopoIsM.
It appears that the indorsement of the payee’s name had been forged by one of Wood’s employees and the check had been cashed for him by the defendant Szymanski, who had thereafter indorsed it and deposited it in his account in the State…
2Cases cited25 opinions
- Phillips v. Mercantile National BankNew York Court of Appeals · 1894
- National Park Bank of New York v. Seaboard BankNew York Court of Appeals · 1889
- Halsey v. Bank of New York & Trust Co.New York Court of Appeals · 1936
- American Exchange National Bank v. Yorkville BankNew York Supreme Court · 1924
- Burt v. . DeweyNew York Court of Appeals · 1869
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3Cited by1 opinion
- Jeanette Frocks, Inc. v. First Produce State BankSupreme Court of Minnesota · 1965