Bristol Knife Co. v. First National Bank
Supreme Court of Connecticut
Assumpsit for money liad and received; brought to the Superior Court in Hartford County, and tried on the general issue, closed to the court, before P-ardee, J. The court found the following facts :— The plaintiffs are a manufacturing corporation located in Bristol in Hartford County, and have been long in the habit of keeping their account in the defendant bank by depositing checks, drafts and notes.
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Assumpsit for money liad and received; brought to the Superior Court in Hartford County, and tried on the general issue, closed to the court, before P-ardee, J. The court found the following facts :— The plaintiffs are a manufacturing corporation located in Bristol in Hartford County, and have been long in the habit of keeping their account in the defendant bank by depositing checks, drafts and notes. They at first endorsed all paper deposited, “ Pay to First National Bank or order,” but about a year before the date hereafter mentioned, the cashier of the bank requested them to endorse their…
1Opinion of the CourtLoomis, J.
The principles that control this case are not *425to be found in any distinction between special and restrictive indorsements of negotiable paper, nor in any view of the rights of boná fide holders or purchasers of such paper.
The record shows that the defendants put no faith in any title which the holder of the check had or assumed to have ; hence their position is not like that of a boná fide purchaser of negotiable paper, from a holder clothed with the apparent legal title.
The holder in this case not only made no pretence of title, but openly professed to act only in behalf of the plaintiffs.
The…
2Cases cited6 opinions
- Brush v. ScribnerSupreme Court of Connecticut · 1836
- Colucci v. PinetteSupreme Court of Connecticut · 1981
- Thallhimer v. BrinckerhoffNew York Supreme Court · 1830
- Thames Steamboat Co. v. Housatonic RailroadSupreme Court of Connecticut · 1855
- Smith v. Board of Water CommissionersSupreme Court of Connecticut · 1871
1 more not listed; retrieve them via the Exa API.
3Cited by16 opinions
- Hathaway v. . County of DelawareNew York Court of Appeals · 1906
- Graham v. Southington Bank & Trust Co.Supreme Court of Connecticut · 1923
- Louisville & Nashville Railroad v. Citizens & Peoples National BankSupreme Court of Florida · 1917
- Munn v. BoasbergNew York Court of Appeals · 1944
- Milano v. Sheridan Trust & Savings BankAppellate Court of Illinois · 1926
11 more not listed; retrieve them via the Exa API.