Price v. Neal
97 Eng. Rep. 871 (1762)
Nature Of The Case
This section contains the nature of the case and procedural background.
Facts
P agreed to pay bills of exchange that Sutton drew on P. A party named Lee forged Sutton’s signature on two bills to a party named Ruding. After several endorsements, D received the forged bills. D gave notice to P and presented one of the bills which P paid. P also paid the second bill as well. Eventually, P learned that Sutton’s name was forged on the bills. P sued D to get the monies returned. P claimed mistake, and he could no longer recover from Lee who had since been hanged for forgery. D claimed that because P was negligent, there could be no recovery.
Issues
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Holding & Decision
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Legal Analysis
Legal analysis from Dean's Law Dictionary will be displayed here.
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