Union National Bank v. Oceana County Bank

Citations

• 80 Ill. 212

Syllabus

<p>1. Bank check—payee or assignee may recoven' the amount from, drawee. Where a depositor draws his check on his banker, who has funds to an equal or greater sum than his check, it operates to transfer the sum named to the payee, who may sue for and recover the amount from the bank, and a transfer of the check carries with it the title to the amount named in the check to each successive holder.</p> <p>2. Same—ck-cmer can not countermand so as to affect it in hands of bona fide holder. After a check has passed into the hands of a bona fide holder, it is not in the power of the drawer to countermand the order of payment.</p>