Excerpt from Banking Cases, Annotated, Vol. 2: A Collection of All Cases Affecting Banks Decided by the Courts of Last Resort in the United States
M, who was a director and stockholder in a fence company, and also the cashier Of the plaintiff bank, as the agent Of the company, procured notes by fraud, which were discounted by the bank through. The cashier. Held, that its cashier's knowledge Of the fraud was. Notice to the bank.
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