New York Court of Appeals

The President, Directors, and Company of the City Bank of New Haven v. . Simon Perkins.

January 5, 186429 N.Y. 554

Summary

The Court affirmed the judgment, holding that the defendant, as a mere debtor, cannot defeat the action by questioning the plaintiffs' title to the endorsed bills. The transfer by the cashier was deemed valid for purposes of the plaintiff's good‑faith possession, and the contract, made in Connecticut, is enforceable despite Ohio statutes.