 | United States. Supreme Court - Law reports, digests, etc - 1909 - 746 pages
...and that if he accepts or pays a bill in the hands of n bond fide holder for value, he is concluded by the act, although the bill turns out to be a forgery. If he has accepted he must [,u\, and if he has paid he cannot recover the money back, as the money, in such a case, is paid in... | |
 | William B. Dana - Commerce - 1867 - 490 pages
...drawer ; and if he accepts or pays a bill in the hands of a bona fide holder for value, he is concluded by the act, although the bill turns out to be a forgery....money paid under a mistake of fact may be recovered back. The exception is fully established." To the same effect is the case of The Bank of Commerce against... | |
 | William B. Dana - Commerce - 1867 - 592 pages
...the hands of a bona fide holder for value, he is concluded by the act, although the bill turns ouf, to be a forgery. If he has accepted he must pay, and...money paid under a mistake of fact may be recovered back. The exception is fully established." To the same effect is the case of The Bank of Commerce against... | |
 | William B. Dana - Commerce - 1867 - 490 pages
...drawer ; and if he accepts or pays a bill in the hands of a bona fide holder for value, he is concluded by the act, although the bill turns out to be a forgery....accepted he must pay, and if he has paid he cannot rénover the money back. This is an exception to the general rule, that money paid under a mistake... | |
 | William Wait - Actions and defenses - 1879 - 1002 pages
...drawer; and if he accepts or pays a bill in the hands of a lona fide holder for value, he is concluded by the act, although the bill turns out to be a forgery. If lie has accepted, he must pay ; and if he has paid, he cannot recover the money back (Levy v. Bank... | |
 | California. Supreme Court - Law reports, digests, etc - 1882 - 848 pages
...I60.) If the drawee "accepts or pays a bill in the hands of bona fide holder for value, he is concluded by the act, although the bill turns out to be a forgery....recover the money back. This is an exception to the rule that money paid Argument for Appellants. under a mistake of fact may bo recovered back." (Per... | |
 | Isaac Edwards - Negotiable instruments - 1882 - 560 pages
...drawer; and if he accepts or pays a bill in the hands of a bona fide holder for value, he is concluded by the act, although the bill turns out to be a forgery. If he has accepted he must pay ; and if ho has paid, he cannot recover the money back. This is an exception to the general rule, that money... | |
 | Marcus Tullius Hun - Law reports, digests, etc - 1882 - 760 pages
...General Term said : " We are of the opinion that the case was correctly disposed of. Notwithstanding the general rule that money paid under a mistake of fact may be recovered back, however negligent the party paying may have been in making the mistake, unless the payment has... | |
 | United States. Supreme Court - Law reports, digests, etc - 1884 - 966 pages
...and that if he accepts or pays a bill in the hands of a bona fide holder for value, he is concluded by the act, although the bill turns out to be a forgery....he has accepted he must pay, and if he has paid he cannol recover the money back, as the money, in such a case, is paid in pursuance of a legal obligation... | |
 | Law reports, digests, etc - 1911 - 1172 pages
...forgery, the bank making such payment cannot recover the money from such holder. A case of this kind is an exception to the general rule that money paid under a mistake of fact may be recovered. There was no error in the judgment of the lower court, sustaining the demurrer, and it is affirmed.... | |
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The drawee of a bill is held bound to know the hand writing of his correspondent, the drawer ; and if he accepts or pays a bill in the hands of a bona fide holder for value, he is concluded by the act, although the bill turns out to be a forgery. If he... 
