Ford v. Harrison

The bill in this cause was brought by complainant as trustee for W. C. Knight & Co., bankrupt, to recover the sum of $200 advanced by the bankrupt firm to the defendant on his draft against a cotton shipment, giving certain credits reducing the net claim to $185.59. The answer of the defendant admits the drawing of the draft and the receipt of the money, but denies the indebtedness; setting up that the money was paid to the defendant under an agreement made with the agent of the bankrupt on account of cotton shipments made contemporaneously; that the cotton was shipped for immediate or early…