Commercial Bank & Trust Co. v. Southern Industrial Banking Corp.

An imposter appeared at the window of the Southern Industrial Banking Corporation and made application for a loan of $267 under the name of Horace P. Grissom. He filled out an application for the loan under this name and carried .away with him a blank note. He signed the; name-' of Horace P. Grissom, and several members of the Grissom family as makers, and in the meantime the corporation had made an investigation of the financial standing of Horace P. Grissom, his credit rating, and so forth, and this proved satisfactory. When the imposter returned to the banking corporation with the note it…