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National Bank of Detroit, Appellant, v. Da

NEGOTIABLE INSTRUMENTS, § 202 — bona fide holder, bank crediting proceeds of check as a deposit. Where a bank accepted a check of another bank and deposited it to the account of a customer who drew checks on the account before the deposited check returned with a stopped payment notation, in a suit by the bank on the check against the drawer, the bank was a holder in due course of the check up to the amount of the overdraft and could recover the amount thereof.

See Callaghan's Illinois Digest, same topic and section number.

Opinion by JUSTICE FRIEND.

"Not to be published in full." Opinion filed May 14, 1942; rehearing denied June 5, 1942.

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NATIONAL BANK OF DETROIT v. SACHS
(May 14, 1942)