FIRST NAT. CITY BANK v. MFG. TRUST CO.


39 Misc.2d 428 (1963)

First National City Bank of New York, Plaintiff, v. Manufacturers Trust Company, Defendant.

Civil Court of the City of New York, Trial Term, New York County.

May 29, 1963


Attorney(s) appearing for the Case

Shearman & Sterling (John E. Hoffman, Jr., of counsel), for plaintiff. Simpson, Thacher & Bartlett (Thomas W. Evans of counsel), for defendant.


DANIEL P. SCANLON, J.

This action is brought to recover $1,150 paid to the defendant upon presentation of plaintiff's cashier's check payable to the order of one Andrew Halsne and bearing the forged indorsement of the payee and defendant's guarantee of prior indorsements.

The case was submitted upon agreed facts, the essential elements of which are as follows:

Andrew Halsne maintained a savings account with the plaintiff, referred to herein...

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