Reid v. Marsol Credit Co.

Marsol Credit Company brought suit against J. P. Eeid on two trade acceptances drawn by the Duralith Corporation, accepted by Eeid, and purchased by the plaintiff from the Duralith Corporation. The undisputed evidence shows that the plaintiff, on February 13, 1934, bought from the Duralith Corporation, four acceptances, drawn by it and accepted by Reid, and paid therefor the sum of $2609.23; that the four acceptances were given in connection with a sales contract of certain material sold by said corporation to Eeid, the contract being dated January 31, 1934; that one of the acceptances sued…