Cowan v. Thompson

Claiming trover, Stella Mae Thompson instituted this action against the East Tennessee Packing Company to recover the value of cows acquired from her by one Bill Cowan by means of a forged cheek drawn in the name of E. L. Cowan. The circuit judge granted recovery and the Packing Company has appealed, insisting that, as a bona fide purchaser in due course of trade for value paid, it acquired a good title from Cowan even as against the true owner. The facts are uncontroverted. Bill Cowan, representing himself as E. L. Cowan, purchased the cows on the afternoon of March 15, 1940. It was agreed…