|
National Metropolitan Bank v. United States, 323 U.S. 454 (1945)
Contents:
Show Summary
Hide Summary
General SummaryThis case is from a collection containing the full text of over 16,000 Supreme Court cases from 1793 to the present. The body of Supreme Court decisions are, effectively, the final interpretation of the Constitution. Only an amendment to the Constitution can permanently overturn an interpretation and this has happened only four times in American history.
National Metropolitan Bank v. United States, 323 U.S. 454 (1945)
National Metropolitan Bank v. United States No. 161 Argued December 13, 14, 1944 Decided January 8, 1945 323 U.S. 454
CERTIORARI TO THE UNITED STATES COURT OF APPEALS
FOR THE DISTRICT OF COLUMBIA
Syllabus
1. Rights and liabilities on commercial paper issued by the Government are to be determined by federal, rather than local, law, and, in the absence of an applicable Act of Congress, the governing rules must be fashioned by the federal courts. P. 456.
2. The Government is entitled to recover payments made to a collecting bank on government checks on which the bank had expressly guaranteed prior endorsements but on which the endorsements of the payees were forged, and recovery was not barred by the negligent failure of the Government to detect the fraud of a government clerk who, over a period of 28 months, had fraudulently procured issuance of the checks upon forged vouchers. United States v. Chase National Bank, 252 U.S. 485, distinguished. P. 457.
3. Negligence of a drawer-drawee in failing to discover fraud prior to a guaranty of the genuineness of prior endorsements does not absolve the guarantor from liability where the prior endorsements have been forged. P. 459.
142 F.2d 474 affirmed.
Certiorari, post, p. 692, to review the affirmance of a judgment for the United States in a Suit against the bank to recover payments made on government checks.
Contents:
Chicago: U.S. Supreme Court, "Syllabus," National Metropolitan Bank v. United States, 323 U.S. 454 (1945) in 323 U.S. 454 Original Sources, accessed November 22, 2024, http://originalsources.com/Document.aspx?DocID=MAFEGVI85NVVCAD.
MLA: U.S. Supreme Court. "Syllabus." National Metropolitan Bank v. United States, 323 U.S. 454 (1945), in 323 U.S. 454, Original Sources. 22 Nov. 2024. http://originalsources.com/Document.aspx?DocID=MAFEGVI85NVVCAD.
Harvard: U.S. Supreme Court, 'Syllabus' in National Metropolitan Bank v. United States, 323 U.S. 454 (1945). cited in 1945, 323 U.S. 454. Original Sources, retrieved 22 November 2024, from http://originalsources.com/Document.aspx?DocID=MAFEGVI85NVVCAD.
|