Legal Opinion
People Ex Rel. Cosentino v. Federal Reserve Bank
District Court, N.D. Illinois
Decided January 3, 1984No. 82 C 2714PublishedCited by 6 opinions
1Opinion of the Court
MEMORANDUM AND ORDER
MORAN, District Judge.
The State of Illinois brought this action to collect $4,900 from the defendants, who had transferred and presented for payment fifteen checks drawn by the State but bearing forged endorsements by the payees. Essentially, checks with forged endorsements were cashed at currency exchanges, deposited at Merchandise National Bank of Chicago, transferred to the Federal Reserve Bank of Chicago, which in turn presented them to the State for payment. Both Merchandise National Bank and the Federal Reserve Bank endorsed the checks.
In counts 1 and 2 of the…
2Cases cited28 opinions
- United Mine Workers of America v. GibbsSupreme Court of the United States · 1966
- Owen Equipment & Erection Co. v. KrogerSupreme Court of the United States · 1978
- Osborn v. Bank of United StatesSupreme Court of the United States · 1824
- Aldinger v. HowardSupreme Court of the United States · 1976
- Leather's Best, Inc., Plaintiff-Appellee-Cross v. S.S. Mormaclynx, Defendants-Appellants-AppelleesCourt of Appeals for the Second Circuit · 1971
23 more not listed; retrieve them via the Exa API.
3Cited by6 opinions
- Federal Reserve Bank of Atlanta v. ThomasCourt of Appeals for the Eleventh Circuit · 2000
- Ana Maria Edelmann v. The Chase Manhattan Bank, N.A.Court of Appeals for the First Circuit · 1988
- Lovell Manufacturing v. Export-Import Bank of the United StatesCourt of Appeals for the Third Circuit · 1988
- Lovell Manufacturing v. Export-Import Bank Of The United StatesCourt of Appeals for the Third Circuit · 1988
- Edelmann v. Chase Manhattan Bank, N.A.District Court, D. Puerto Rico · 1987
1 more not listed; retrieve them via the Exa API.