American Nat. Bank v. J. Rosenbaum Grain Co.

The parties appear in the reverse order to that in the district court and for convenience will be referred to as they appeared there.

The Donahoo Grain Company, by William Donahoo, drew a certain draft on the Pipes Grain Company of Oklahoma City and at the same time deposited with the bank a certain bill of lading of a carload of wheat. Said draft, including the indorsements, reads as follows:

“Donahoo Grain Company,

“Lawton, Oklahoma, Dec. 22, 1921.

“D. G. Co.

‘ Pay to the Order of

“Citizens State Bank $1300.00

‘ Thirteen Hundred and no/100 Dollars

“Car 128388 Wheat.

“Value received and charge same…