Bank of Clarksdale v. Planters' Nat. Bank

The Bank of Clarksdale issued its check to J. W. Cutrer, attorney for defendants, in a certain suit in Clarksdale, Mississippi, in the sum of eighteen thousand one hundred fifty-tlmee dollars and forty cents. Cutrer assigned the cashier’s check to the Planters’ National Bank for value; but, after the assignment, and before presentation for payment, an injunction had been sued out against Bank of Clarksdale prohibiting the Bank of Clarksdale from paying the check to J. W. Cutrer. When the check was presented for payment, the injunction writ having been served, the Bank of Clarksdale refused to…