Stephenson v. Mount
Stephenson v. Mount
Opinion of the Court
This is an action to recover back the amount of a forged draft, deposited, it is alleged, in the City Bank for collection, and paid by plaintiff, for tlie credit of tho acceptor, on his faith in tho representations of said bank, as holder, of its genuineness. Tho answer, besides a goneral denial, sets forth the circumstances of the transaction, and the averments that defendants were strangers to the bill, that without any notice from them plaintiff voluntarily came forward and paid it, and that they had no intimation, for weeks after they paid over the amount to the holder, that it was a forgery.
Judgment was rendered in favor of defendants, and plaintiff appealed.
It appears, that on the 23d August, 1865, a draft purporting to be drawn by the clerk on, and accepted by the captain of the steamer Magnolia, of which plaintiff was the agent, for $1,200, payable op that day at
Under the circumstances, we think tho action of plaintiff relieved defendants from any liability, which may have attached for receiving what was not due. They were passive in the matter, and his conduct in voluntarily coming forward, asking for, describing and paying the bill, was an assurance to them that every thing was right, and not having any interest in the bill, they were thereby warranted in paying over to tlio real holder.
Judgment affirmed, with costs.
Case-law data current through December 31, 2025. Source: CourtListener bulk data.