Williams v. Tishomingo Savings Institution
Cases that cite this one
10 later published cases cite this decision.
- MISSISSIPPI B. & T. CO. v. County Sup. & Diesel Serv., Inc. (Miss. 1971)
- First State Bank & Trust Co. v. First National Bank (Ill. App. Ct. 1924)
- First National Bank v. Northwestern National Bank (Ill. 1894)
- Magid v. Drexel National Bank (Ill. App. Ct. 1947)
- Citizens Bank v. Miller (Miss. 1943)
- National Bank of Republic v. Kaspar American State Bank (Ill. 1938)
- McCornack v. Central State Bank (Iowa 1926)
- Commercial & Savings Bank Co. v. Citizens National Bank (Ind. Ct. App. 1918)
- Bank of Williamson v. McDowell County Bank (W. Va. 1909)
- Jenkins v. Sherman (Miss. 1900)
This list shows which later cases cite this one. It does not say how they treated it, and no review of that has been done. Not a substitute for Shepard’s or KeyCite — verify before relying.
Opinion of the Court
delivered the opinion of the court.
The appellants, having indorsed to the appellee a bill of exchange, to which they claimed title through a forged in-dorsement, now insist that they incurred ño responsibility by their indorsement, except a guaranty that the drawee would pay it on presentation. But the rule is well settled that an indorser warrants the genuineness of the prior indorsements on the bill, and also his title to the paper. Should it be ascertained, even after payment of the bill, that any of the indorsements are forged, the drawee can recover back the amount of the bill from the person to whom he paid it; and so each preceding indorser may recover from the person who indorsed the bill to him. The drawee is bound to know the signature of the drawer, but not of the indorser. The judgment, which is in accordance with these views, is
Affirmed.
Case-law data current through December 31, 2025. Source: CourtListener bulk data.