Rathbone v. Sanders

Addison H. Sanders, on the first day of June, 1854, made his promissory note of that date, payable six months after date, to the Cincinnati Type Foundery Company. Subsequently, and before the note fell due, the Type Foundery Company indorsed it in blank, and delivered it to the Mechanics and Traders’ Bank of Cincinnati; which indorsement and delivery the said company now contend was for the purpose of collection only, and that they still continued to be the owner thereof. Afterwards, and before the note fell due, the Mechanics and Traders’ Bank, by its cashier, Charles Conahan, indorsed said…