Anschutz v. Central National Bank of Columbus

How courts have described this case

Verbatim parenthetical descriptions written by other courts when citing this decision. Ranked by citation-network relevance.

• reasoning that since “the drawee [or payor] bank has no means of verifying the authenticity of endorsements made by those who are not their customers,” it is reasonable to restrict “the bank’s liability to the customer with whom it deals”
• liability of bank extends only to the customer with whom bank deals and with whom bank is in privity of contract

Source: CourtListener parenthetical corpus (CC0).