Planters' Bank v. Union Bank
Supreme Court of the United States
Error ,to the Circuit Court for the District of Louisiana; the case being this: • On the outbreak of the rebellion of 1861, both the States of Tennessee and.Louisiana joined in that movement; and while those two States were both under the control of the rebel powers, the Planters’ Bank of Tennessee (at Natchez) remitted to thé Union Bank of Louisiana (at New Orleans) large sums of “ Confederate' treasury notes,” and also forwarded to it drafts and other claims for collection…
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Error ,to the Circuit Court for the District of Louisiana; the case being this: • On the outbreak of the rebellion of 1861, both the States of Tennessee and.Louisiana joined in that movement; and while those two States were both under the control of the rebel powers, the Planters’ Bank of Tennessee (at Natchez) remitted to thé Union Bank of Louisiana (at New Orleans) large sums of “ Confederate' treasury notes,” and also forwarded to it drafts and other claims for collection (and a few Confederate bonds for sale), it having been understood between the two banks that the drafts and claims thus…
1Opinion of the CourtJustice Strong
Whether the payment in Confederate notes, and the quartermaster’s acceptance of them in discharge of the balance, was a satisfaction of the claim of the plaintiffs upon the defendants is a controlling question in the case. The Circuit Court instructed the jury that it-was not, because payment was made to the quartermaster in Confederate notes, which the court was of opinion he had no authority to receive, though holding that the military authorities thus exacting payment were invested with all the rights of a creditor.
It might be difficult to maintain, if the military authorities were clothed…
2Cases cited2 opinions
- Armstrong v. TolerSupreme Court of the United States · 1826
- Robinson v. Noble's AdministratorsSupreme Court of the United States · 1834
3Cited by126 opinions
- McMullen v. HoffmanSupreme Court of the United States · 1899
- Loughran v. LoughranSupreme Court of the United States · 1934
- New Orleans Waterworks Co. v. Louisiana Sugar Refining Co.Supreme Court of the United States · 1888
- Armstrong v. American Exchange Nat. Bank of ChicagoSupreme Court of the United States · 1890
- Blakey v. BrinsonSupreme Court of the United States · 1932
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