N. PHILA. TR. CO. v. KENSINGTON NAT. BK

Negotiable instruments — Check — Delivery to impostor — Rights of drawer and drawee.

The drawer of a check, who delivers it to an impostor, supposing him to be the person whose name he has assumed, must, as against the drawee or a bona fide holder, bear the loss where the impostor obtains payment or negotiates the same.

Argued December 10, 1937.

PER CURIAM, January 3, 1938:

The judgment is affirmed on the opinion of the able President Judge of the court below, Judge FINLETTER.