American Express Co. v. Peoples Savings Bank
Supreme Court of Iowa
Appeal from Linn District Court. — F. 0. EllisoN, Judge. Notion at law to recover $7,187, proceeds of four drafts issued by plaintiff as drawer and paid by plaintiff as drawee, and alleged to have a forged or unauthorized indorsement thereon, through which defendant bank secured its title prior to presentment and payment. Verdict of jury under direction of the court, finding for defendant. Judgment entered against plaintiff for costs. Plaintiff appeals.
1Opinion of the CourtDe Graff, J.
i bills aot> ' notes: payment and discharge: drawee’s right me¿tCoIerfo?ged indorsement. One M. L. Crozer, of Cedar Rapids, Iowa, purchased four drafts from the plaintiff American Express Company in the aggregate sum of $7,187, and at the time of purchase gave to the company his personal checks, drawn on the defendant bank. The n ,, n n company was the drawer and the drawee, and the drafts wére all of like tenor, except the .. . n . , n ,, respective amounts named therein and 'the payees to whose order they were drawn. The payee in the first draft purchased was “Western Evergreen;” in the…
2Cases cited16 opinions
- Shipman v. Bank of New YorkNew York Court of Appeals · 1891
- Hathaway v. . County of DelawareNew York Court of Appeals · 1906
- Seaboard National Bank v. Bank of AmericaNew York Court of Appeals · 1908
- Corn Exchange Bank v. . Nassau BankNew York Court of Appeals · 1883
- Harmon v. Old Detroit National BankMichigan Supreme Court · 1908
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3Cited by31 opinions
- International Aircraft Trading Co. v. Manufacturers Trust Co.New York Court of Appeals · 1948
- Callaway v. Hamilton Nat. Bank of WashingtonCourt of Appeals for the D.C. Circuit · 1952
- McCornack v. Central State BankSupreme Court of Iowa · 1926
- Home Indemnity Co. v. State BankSupreme Court of Iowa · 1943
- State v. MeeksSupreme Court of Iowa · 1954
26 more not listed; retrieve them via the Exa API.