AMICUS AI
Citation Codes
Equivalent Citations
citation codes
Attorney(S)
Judges
Are you a practicing lawyer?
Enhance your digital presence and reach by creating a Casemine profile.
Upload pleading to use the new AI search
Cites
Cited by
Citation Codes
Equivalent Citations
citation codes
Attorney(S)
Judges

JANET FREISTAT, Respondent, v. INDUSTRIAL BANK OF COMMERCE, Appellant

Per Curiam.

It was not disputed that the defendant bank certified the checks through a mistake by one of its tellers. The record discloses, however, that the plaintiff payee of the checks has not been damaged by the certifications, nor has she changed her position in reliance thereon. In the circumstances the defendant is absolved from liability upon the checks ( Carnegie Trust Co. v. First Nat. Bank, 213 N.Y. 301; Wachtel v. Rosen, 249 N.Y. 386; Metropolitan Life Ins. Co. v. Bank of United States, 259 N.Y. 365; Baldinger Kupferman Mfg. Co. v. Manufacturers-Citizens Trust Co., 93 Misc. 94; Smith v. Treuthart, 130 Misc. 394; Smith McCrorken v. Chatham Phenix Nat. Bank Trust Co., 239 App. Div. 318; Irving Bank v. Wetherald, 36 N.Y. 335; Howell v. Mills, 53 N.Y. 322).

The judgment should be unanimously reversed upon the law and facts, with $30 costs to the defendant, and complaint dismissed, with appropriate costs in the court below.

Concur — PETTE, HART and BROWN, JJ.

Judgment reversed, etc.

Use AI to get other relevant cases.

Comments

FREISTAT v. INDUSTRIAL BANK OF COMMERCE
(Oct 24, 1958)