United States v. Chase National Bank,
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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
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.