Palmer v. Hussey

Mr. Chief Justioe Waite

delivered the opinion of the court.

This record shows that on the 18th of April, 1874, Acalus> L. Palmer recovered a judgment in the Supreme Court of New York against Erwin A. Hussey for $32,i28.57 on account of certain bonds of the United States which had been placed in his hands by Palmer, and for which he bound himself by a writing, the material part of which is as follows:

“ These bonds we hold subject to the order of A. L. Palmer, at ten days’ notice, agreeing to collect the coupons for his account free of charge, and to allow him two per cent, per annum interest on…