Buckner, Stanton & Co. v. Watt
Supreme Court of Louisiana
Bastee» Dis. APPEAL FROM THE COMMERCIAL COURT OP NEW ORLEANS. This is an action by tbe holders of a bill of exchange for $5543 14, drawn hy Harper, Carpenter & Co., of Mississippi, the 4th March, 1837, payable 60 days after date, drawn on and accepted by Messrs. Bier & Steever, of New Orleans, in favor of and endorsed by Summers & Watt, residing at Grand *n Mississippi.
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Bastee» Dis. APPEAL FROM THE COMMERCIAL COURT OP NEW ORLEANS. This is an action by tbe holders of a bill of exchange for $5543 14, drawn hy Harper, Carpenter & Co., of Mississippi, the 4th March, 1837, payable 60 days after date, drawn on and accepted by Messrs. Bier & Steever, of New Orleans, in favor of and endorsed by Summers & Watt, residing at Grand *n Mississippi. The suit was commenced by attachment, the 5th December, 1839, against Hugh Watt, one of the en- . . ° dorsers; and also against Bier & Steever, the acceptors, and judgment prayed against all of them in solido, for the sum of…
1Opinion of the CourtMorphy, J.
The defendant as a member of the firm of Summers & Watt, is sued upon a bill of exchange of $5543 14, drawn in Mississippi by Harper, Carpenter & Co., upon ánd accepted by Bier &, Steever, of New Orleans, in favor of the said firm of Summers & Watt, by whom it is endorsed. The answer avers, *213that defendant’s liability lias been extinguished by the acts of the holders, the present plaintiffs. That the drawers did place in the hands of plaintiffs as collateral security for the draft in suit, R. B. Wiggin’s acceptance of a bill drawn by W. P. Ringe, and endorsed by C. C. Mayson and Harper,…
2Cases cited1 opinion
- President of the Bank of United States v. HatchSupreme Court of the United States · 1832
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- Calliham v. TannerSupreme Court of Louisiana · 1842