Blacker & Shepard Co. v. Granite Trust Co.

These actions in contract or tort are before us upon exceptions claimed by the plaintiff to orders directing verdicts for the defendant. They were brought by the payee of certain checks against the bank on which the checks were drawn, which had made payment upon forged unauthorized indorsements and had returned the checks to the makers. The evidence in substance was as follows: In 1924 and until his death in May, 1926, one Barker was vice-president and a director of the plaintiff, and owner of one hundred ninety-eight of the eight hundred shares of its capital stock. The by-laws conferred on…