Employers Liability Assurance Corp., Ltd. v. Haidt

The opinion of the court was delivered by

Vanderbilt, C. J.

The defendant as a trustee in bankruptcy of a corporation posted his bond with the Maryland Casualty Company as his surety in the amount fixed by the referee in bankruptcy. As trustee in bankruptcy he opened an account with the Central Trust Company of Rochester, New York. Checks were to be paid on the signature of the defendant as trustee, countersigned by the referee in bankruptcy. Between May 24, 1938, and August 7, 1939, the defendant forged the signature of the referee in bankruptcy to eight different checks. As a result of the…