What is the effect of a forged document in the context of a delay in giving notice of a forgery?

Ontario, Canada


The following excerpt is from Imperial Bank of Canada v. Bank of Hamilton, 1900 CanLII 21 (ON CA):

The principle acted upon in that and in other cases such as Mather v. Lord Maidstone (1856), 18 C.B. 273, seems to be that by the delay to give notice of the forgery the remedy of the holder against the other parties may have been prejudiced.

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