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Abstract

M appeared at the office of the B building association, represented himself as W and requested a loan to be secured by a mortgage upon property owned by W. After checking the land records and also the address given by M, B drew a check on the plaintiff bank, payable to W, and sent it to the address which M had given. M removed the check from the mail, endorsed W's name and deposited it in the defendant bank. Upon the discovery of the fraud, plaintiff bank restored the amount of the check to B's account. Held, that the plaintiff was entitled to recover. District Nat. Bank of Washington, D. C. v. Washington Loan & Trust Co., (App. D. C. 1933) 65 F. (2d) 831.

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