Holliday Bros. v. Cohen

Appellants sued Colien upon a bill of exchange, drawn by him, in their favor, upon Richardson & May, of New Orleans, for $1,000, dated at Laconia, Arkansas, January 1, 1876, payable twenty days thereafter. Acceptance was refused, and the same was presented again for payment at maturity; which was refused, also — the said drawees answering, as the complaint says, “that they had no funds of defendant with which to pay the-same.” There is no more direct allegation that there were no funds; nor any allegation of notice to defendants. "With the complaint, they filed an affidavit for an attachment,…