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

DANIEL COHN, Appellant, v. TRADE BANK OF NEW YORK, Respondent.

PER CURIAM.

The indorsement "for deposit" by the plaintiff's assignors was sufficient to restrict further negotiation of the check (Neg. Inst. Law, § 66; Johnson v. Donnell, 90 N.Y. 1; Haskell v. Avery, 181 Mass. 106.) Since the defendant bank had already disregarded the restrictive indorsement when the plaintiff's assignors learned that the check had been misappropriated, they were under no duty to notify the bank of their interest in the proceeds.

Judgment reversed, with thirty dollars costs, and judgment directed for plaintiff for the amount demanded in the complaint.

All concur; present, LYDON, FRANKENTHALER and UNTERMYER, JJ.

Use AI to get other relevant cases.

Comments

COHN v. TRADE BANK OF NEW YORK
(Mar 9, 1933)