Legal Opinion

Union Bank of Tennessee v. Govan

Mississippi Supreme Court

Decided January 15, 1848Published

In error, from the decree of the vice-chancery court at Holly Springs; Hon. Henry Dickinson, vice-chancellor. On the 23d of February, 1847, Mary A. Pugh filed her bill against the President, Directors and Company of the Union Bank of Tennessee, and others, in which she alleges, that on the 28th of February, 1838, Andrew R. Govan, being in debt to the bank, in order to secure it, made his note for $6,450.64, due twelve months after date, which she, with others, indorsed,…

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In error, from the decree of the vice-chancery court at Holly Springs; Hon. Henry Dickinson, vice-chancellor. On the 23d of February, 1847, Mary A. Pugh filed her bill against the President, Directors and Company of the Union Bank of Tennessee, and others, in which she alleges, that on the 28th of February, 1838, Andrew R. Govan, being in debt to the bank, in order to secure it, made his note for $6,450.64, due twelve months after date, which she, with others, indorsed, payable at the bank at Nashville. At the time of making this note, and of its maturity, -she lived in Marshall county,…

1Opinion of the CourtChief Justice Shaekey

On the 16th of September, 1842, Mrs. Mary A. Pugh conveyed certain property in trust to secure a debt due to the Union Bank of Tennessee, and the object of the hill in this case is to have the deed cancelled, and to be relieved from the debt secured by it.

The history of the debt is this : — On the 19th day of October, 1837, a note made by A. R. Govan, indorsed by Mrs< Pugh and others, for $9228, was discounted by the bank. It fell due on the 23d of February, 1838. On the 20th of that month, Govan, the maker, made a payment which reduced the amount to $6450, and then gave a new note for that…

2Cases cited5 opinions

  1. Tyler v. HandSupreme Court of the United States · 1849
  2. Kellogg v. GilbertNew York Supreme Court · 1813
  3. Bank of Utica v. DavidsonNew York Supreme Court · 1830
  4. Bank of Utica v. PhillipsNew York Supreme Court · 1829
  5. McMurtrie v. JonesU.S. Circuit Court for the District of Pennsylvania · 1813

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