International Press Clipping Bureau, Inc. v. American Trust Co.

Triable issues are presented as to whether the check in suit was mistakenly certified after the drawer had instructed the defendant bank to stop payment’ánd as to whether the plaintiff payee suffered any damage or changed its position because of this certification. Plaintiff deposited the check in his own bank for collection and defendant returned- it unpaid marked “payment stopped”. The' defendant bank may be absolved of liability to the plaintiff' if- it is shown-that the certification was the result of such mistake and that- the plaintiff has not been damaged (see Freistat v. Industrial…