United States v. Union Planters Nat. Bank & Trust Co.

HUTCHESON, Circuit Judge.

Suing to recover on guaranties of prior endorsements, the United States brought these suits against banks which had taken checks drawn on the Treasurer of the United States and, endorsing them, “All prior endorsements guaranteed”, had presented them for, and received, payment.

The claims were that the signatures and endorsements on the checks were not the genuine signatures of the payees but were forgeries, and the defendants, when they presented the checks had no valid or legal title thereto.

The defenses were a general denial, negligence on the Government’s part in…