United States v. Chase National Bank

Citations

• 252 U.S. 485
• 40 S. Ct. 361
• 64 L. Ed. 675
• 1920 U.S. LEXIS 1527
• 10 A.L.R. 1401

Syllabus

<p>A drawee who pays a draft drawn to the drawer’s order, upon which the drawer’s signature, as well as his endorsement, is forged, cannot recover the money from a bona fide holder for value, guilty o:: no bad faith or negligence contributing to the success of the forgery. P. 493.</p> <p>In order to recover money as paid under mistake of fact, the plaintiff must show that the defendant cannot in good conscience retain it. Id.</p>