Atlantic National Bank of Jacksonville, Florida Little River Bank and Trust Company and First National Bank of Palm Beach v. United States

JOHN R. BROWN, Circuit Judge.

In the process of fashioning a federal jurisprudence concerning the Government’s own commercial paper, Clearfield Trust Co. v. United States, 318 U.S. 363, 63 S.Ct. 573, 87 L.Ed. 838, this Court in Continental-American Bank & Trust Co. v. United States, 5 Cir., 161 F.2d 935; United States v. Continental-American Bank & Trust Co., 5 Cir., 175 F.2d 271, certiorari denied 338 U.S. 870, 70 S.Ct. 146, 94 L.Ed. 534, along with many others,1 has adopted the “impostor rule.” Under it, when the drawer or issuer of a cheek intends that it shall go to the person falsely…