Cohn v. Hitt
Tennessee Supreme Court
FROM DAVIDSON Appeal from the Chancery Court of Davidson County — John Allison, Chancellor.
1Opinion of the CourtJustice Williams
This suit was instituted hy complainant, Cohn, to recover on a note for $3,000 against Hitt, as maker, and Gupton as first indorser.
Hitt applied to Cohn to aid him in borrowing $3,000, asking whether if he, Hitt, should procure his own note to he indorsed hy Gupton, Cohn could get it discounted at the Fourth National Bank. After making inquiry as to Gupton’s financial standing, Cohn agreed that if Hitt would bring him a note payable to that bank and so indorsed he would, for a fee of $100 (Cohn being a licensed securities dealer), take the note to that bank and procure it to be discounted.…
2Cases cited7 opinions
- McDonald v. MagruderSupreme Court of the United States · 1830
- Wilson v. HendeeSupreme Court of New Jersey · 1907
- Hermitage National Bank v. CarpenterTennessee Supreme Court · 1914
- Goldman v. GoldbergerCourt of Appeals for the Sixth Circuit · 1913
- In re McCORDDistrict Court, S.D. New York · 1909
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