Callaway v. Perkins

1. Where an owner of cotton deposited it with another as bailee and procured advances thereon, and thereafter a controversy arose between the bailor and an assignee of the bailee as to whether the cotton, as contended by the bailor, was or should have been purchased by the bailee for a certain amount which the bailor was entitled to have credited on the amount of the advances, or whether, as contended by the assignee, the bailor was indebted to him as such assignee in a named sum upon the payment of which he, the bailor, would be entitled to the return of the cotton, which, as insisted by the…