National Union Fire Insurance v. Mellon National Bank

Opinion by

Mr. Justice Schaffer,

This action was assumpsit brought by plaintiff fire insurance company, a depositor in defendant bank, to recover the amount paid out by the latter and charged to the former’s account on drafts on which the payees’ endorsements were forged. The .appeal is by defendant from a judgment on the verdict in plaintiff’s favor.

Plaintiff insurance company is located in the City of Pittsburgh, where appellant’s bank is also located.

The circumstances giving rise to the suit are these: James & Company were general agents for plaintiff in the City of New York authorized to…