Bleeker v. Hyde
U.S. Circuit Court for the District of Michigan
[At law. Action by Bleeker against O. M. Hyde for goods sold on faith of a letter of credit
1Opinion of the Court
OPINION OF
THE COURT.
The defendant gave the following letter of credit: “Messrs. Erastus Corney & Co. New York. Gentlemen, I hereby authorise Messrs. A. & D. Wallingsford to purchase goods, such as they may wish to, in my name and on my account, to the amount of twenty-five hundred dollars. (Signed,) O. M. Hyde, 20th Sept. 1841.” Under this letter Wallingsfords purchased goods of Corney & Co. to the amount of $1453, and of the plaintiff to the amount of $1046.04.
It is objected that the letter of credit did not authorize a purchase from the plaintiff, and that consequently the defendant is not…
2Cases cited2 opinions
- Jackson ex dem. v. HiltonNew York Supreme Court · 1819
- Robbins v. BinghamNew York Supreme Court · 1809
3Cited by9 opinions
- National Bank v. HallSupreme Court of the United States · 1880
- F. Mitchell & Bro. v. RailtonMissouri Court of Appeals · 1891
- Bank of Buchanan County v. Continental Nat. BankCourt of Appeals for the Eighth Circuit · 1921
- Thompson v. GloverCourt of Appeals of Kentucky · 1879
- Johnson v. BrownSupreme Court of Georgia · 1874
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