Legal Opinion

Walters v. Western & A. R.

U.S. Circuit Court for the Northern District of Georgia

Decided May 8, 1894PublishedCited by 3 opinions

TMs was a suit by William T. Walters and others against the Western & Atlantic Railroad Company, in which the Capital City Bank intervened. The receivers of defendant excepted to" the master’s report.

1Opinion of the Court

NEWMAX, District Judge.

The authorities riled by counsel for the receivers seem undoubtedly to establish the proposition that *392where a time draft is drawn by the consignor of goods, and attached to a bill of lading for the goods, and the draft is sent to a bank for collection at the place to which the goods are consigned, an acceptance by the drawee entitles him to have the bill of lading delivered to him; the reason given for this ruling- being that the consignee is expected to sell the consigned goods in order to realize funds with which ,to take up the draft by the time it matures. National…

2Cases cited10 opinions

  1. Conard v. Atlantic Ins. Co. of NYSupreme Court of the United States · 1828
  2. North Pennsylvania Railroad v. Commercial Bank of ChicagoSupreme Court of the United States · 1887
  3. Friedlander v. Texas & Pacific Railway Co.Supreme Court of the United States · 1889
  4. The ThamesSupreme Court of the United States · 1872
  5. National Bank of Commerce of Boston v. Merchants' Nat. Bank of MemphisSupreme Court of the United States · 1875

5 more not listed; retrieve them via the Exa API.

3Cited by3 opinions

  1. First National Bank v. Northern Pacific Railway Co.Washington Supreme Court · 1902
  2. First National Bank v. Oregon-Washington Railroad & Navigation Co.Idaho Supreme Court · 1913
  3. Sumitomo Bank of Hawaii, Ltd. v. Hawaii Nosan Shokwai, Ltd.Hawaii Supreme Court · 1922

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