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The Harvard Law Review Association Harvard Law Review
Source: Harvard Law Review, Vol. 16, No. 4 (Feb., 1903), pp. 293-294
Published by: The Harvard Law Review Association
Stable URL: https://www.jstor.org/stable/1323479
Accessed: 11-07-2020 08:20 UTC
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NO TES. 293
the buyer has paid the draft and taken the bill of lading in the belief
that he was getting such goods as he had ordered; so upon discoverinlg
his mistake of fact he should be allowed to rescind. This ground of re-
covery, however, has been held insufficient even when the bill of ladinig has
in fact been forged, for the reason that the bank makes no representations
as to the goods covered by the bill of lading. Goetz v. Bank of Kansas
City, I 19 U. S. 51i. Leather v. Simpson, i i L. R. Eq. 398. See DANIEL,
NEG. INSTR., ? 1734.
The principal case seems not only incorrect on principle, but likely to.
prodtuce hardslhip in its practical application. In some cases the results
might be exceedingly harsh. For example, since by the general rule the
measure of damages for breach of warranty is the difference between the
value of the goods as warranted and the actual value of the goods delivered,
the damages might in some instances be more than the amount received
by the bank. See SEDG. DAM., ? 762. There is no authority directly
opposed to the principal case; but those cases where recovery by the
acceptor of the draft is denied although the bill of lading has been forged,
seem in principle irreconcilable with it. The case is significant as showing
the growth of what is deemed to be an unfortunate doctrine in the law.
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294 HA RVARD LA W REIVIEW.
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