Norwood Nat'l Bank v. Hutchings-Craig Co.

The opinion of the Court was delivered by

Mr. Justice Marion.

In an action upon a note the trial Judge directed a verdict for the plaintiff. From judgment thereon the defendant appeals.

The defendant admitted the execution of the note, and alleged by way of counterclaim that it had pledged as collateral security for the payment of the note certain warehouse receipts, issued by the Manufacturing Warehouse Company, covering 800 cases of salmon; that the salmon covered by the receipts had been “ordered out” of-the warehouse by the plaintiff bank without the knoweldge or consent of the defendant ;…