United States v. Chase National Bank - 252 U.S. 485 (1920)
U.S. Supreme Court
United States v. Chase National Bank, 252 U.S. 485 (1920)
United States v. Chase National Bank
Argued January 14, 15, 1920
Decided April 19, 1920
252 U.S. 485
A drawee who pay 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 of no bad faith or negligence contributing to the success of the forgery. P. 252 U. S. 493.
In order to recover money a paid under mistake of fact, the plaintiff must how that the defendant cannot in good conscience retain it. Id.
250 F. 105 affirmed.
The case is stated in the opinion.