UNITED STATES V. CHASE NATIONAL BANK, 252 U. S. 485 (1920)

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U.S. Supreme Court

United States v. Chase National Bank, 252 U.S. 485 (1920)

United States v. Chase National Bank

No. 134

Argued January 14, 15, 1920

Decided April 19, 1920

252 U.S. 485

Syllabus

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.1d 5 affirmed.

The case is stated in the opinion.

Page 252 U. S. 490