Commission Co. v. Carroll & McCallum

This cause is before the Court on the appeal of the complainant from the decree of the Chancellor sustaining the demurrer and dismissing the bill. The allegations of the bill are that complainant is a corporation chartered and organized under the _laws of Missouri, with its situs at St. Louis, in'said State, and engaged in business as cotton factors and commission merchants. The defendants are merchants engaged in business at Henderson, Chester County, Tenn., buying and shipping cotton. In March, 1.894, defendants applied by letter to complainants, asking for a line of credit to the amount of…