Howison v. Mechanics Savings Bank

There may be some doubt whether P. L., c. 225, s. 52 was intended to apply to transfers or powers of attorney in blank, delivered without authority, as well as to those technically completed and delivered with authority of the assignor. If it applies, the plaintiff is without standing. But the same result is reached, for purposes of this case, by another route.

The facts recited develop a situation which in all its main essentials has been the subject of frequent judicial decision. The weight of authority is overwhelming that in a case like this the holder for value in good faith, without…