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  5. 579 F.Supp. 1261 (1984)
 

PEOPLE EX REL. COSENTINO v. FED. RESERVE BANK

No. 82 C 2714.

579 F.Supp. 1261 (1984)

PEOPLE of the State of Illinois on the relation of Jerome COSENTINO, Treasurer of the State of Illinois, Plaintiff, v. FEDERAL RESERVE BANK OF CHICAGO and Merchandise National Bank of Chicago, Defendants.

United States District Court, N.D. Illinois, E.D.

January 3, 1984.

Attorney(s) appearing for the Case

Henry K.S. Borecki, Asst. Atty. Gen. of Illinois, Chicago, Ill., for plaintiff.

Richard J. Riordan, Robert K. Larson, Riordan, Larson, Bruckert & McCambridge, Chicago, Ill., for defendants.

MEMORANDUM AND ORDER

MORAN, District Judge.

The State of Illinois brought this action to collect $4,900 from the defendants, who had transferred and presented for payment fifteen checks drawn by the State but bearing forged endorsements by the payees. Essentially, checks with forged endorsements were cashed at currency exchanges, deposited at Merchandise National Bank of Chicago, transferred to the Federal Reserve...

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