MARTIN, Chief Justice.
The issue herein is to determine which of two innocent parties shall bear a loss imposed upon them by the fraud of a third person.
In November, 1926, the appellant, Arms & Drury, Incorporated, was engaged in the business of making real estate loans in the District of Columbia. At that time a colored real estate broker named White applied to appellant for a loan of $6,000, to be secured by deed of trust upon lot 54, square 237, in...
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