New York Court of Appeals
Elton W. Hall v. Bank of Blasdell
March 4, 1954306 N.Y. 336
Summary
The Court affirmed the judgment, holding that John Hall is a holder in due course of the $1,000 check and therefore entitled to enforce payment. The decision rests on the fact that the Gallegoses had the power to negotiate the check, the endorsement to Schneider was fictitious making the instrument payable to bearer, and Hall took the instrument in good faith without notice of any defect.