Can commercial bank collect from the maker

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Reference no: EM131472913

Question: Middle Georgia Livestock Sales bought cattle at an auction, paying by check. A couple of days later, Middle Georgia discovered that it had purchased stolen cattle and put through a stoppayment order on the check. Commercial Bank, however, cashed the check without knowledge of the stop-payment order. When the drawee bank refused payment, Commercial Bank sued the maker of the check. In this state, a transaction involving stolen goods is illegal and void. Can Commercial Bank collect from the maker? (Middle Georgia Livestock Sales v. Commercial B & T Co., Ga. 182 S.E.2d 533)

Reference no: EM131472913

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