Georgia Seed Co. v. Talmadge & Co.
Supreme Court of Georgia
Interventions. Before Judge Griggs. Bibb superior court. November term, 1893.
1Opinion of the Court
Lumpkin, Justice.
The Capital City Bank of Macon failed, and its assets were placed in the hands of a receiver. Before the failure occurred, this bank had dealt extensively with Talmadge & Co., a banking firm of New York City. At the time of the failure, the Macon bank was indebted to the New York bankers a considerable sum upon promissory notes, which had not then matured and were partially secured by collaterals. The Macon bank also had to its credit with these bankers, on open account, a considerable sum of money, but less in amount than the' aggregate of the notes. Before the failure, this…
2Cases cited9 opinions
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