Central Georgia Bank v. Cleveland National Bank

Bleckley, Judge.

A bank at Macon, Georgia, was entrusted by a bank located at Cleveland, Tennessee, with a draft drawn at the latter place by a third person, on a firm doing business at the former place. It was drawn payable to one of the members of the firm, and was transmitted, as stated in the accompanying letter of instructions, for acceptance, indorsement by the payee, and usual returns when paid. This was in Axigust, and the draft was to mature in October. A few days before its maturity, the Tennessee bank forwarded to the Georgia bank a similar draft, due at thirty days, with…