Lillian Cohen, Respondent v. Lincoln Savings Bank of Brooklyn, Appellants

Summary

The Court affirmed the judgment in favor of the plaintiff, holding that the impostor's endorsement of the check was not a forgery because the drawer intended to pay the person he believed to be Harry Wolter, and therefore the bank that issued the check bears the loss. The dissent argued the opposite, contending the endorsement was a forgery and the judgment should be reversed.