for Los Angeles County Bar Association
1. Clearfield Trust Co. v. United States, No. 490, SUPREME COURT OF THE UNITED STATES, February 5, 1943, Argued , March 1, 1943, Decided
OVERVIEW: A retail store and a depository bank, in accepting a forged signature, were allowed to shift the loss to the drawee only on a showing that the drawee's delay in notifying them of the forgery caused manifest loss.
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