Adams v. Bank of Hydro

LANGLEY, Chief Judge.

The plaintiffs, Billy T. Adams and Herman Adams, are residents of Texas, where during the year 1962 Billy T. Adams was *988engaged in the business of buying and selling cattle. Commencing in May of that year and continuing through November he made large purchases of cattle in Texas and shipped them to one H. C. Boyd at Clinton, Oklahoma. Except for the first few transactions, which were handled by check, payment for the cattle was accomplished by Billy T. Adams drawing a draft on Boyd at or about the time a shipment was made and depositing it in The First State Bank of Kosse,…