Furlong v. Manufacturers National Bank

These three cases, involving similar facts, were tried simultaneously in the lower court and consolidated on appeal to this court. On June 8, 1935, plaintiffs discovered that one Keeler, employed by them, had caused their firm’s checks to be improperly issued to a customer, one O. J. Rieman, as payee, had forged the latter’s indorsement on the backs of the checks, and had obtained the proceeds from defendant banks. The banks, in turn, had charged the amounts of the checks against plaintiffs ’ respective accounts. On the very same day, plaintiffs wrote to each of the banks calling their…