Schenley Distillers Corp. v. Kinsey Distilling Corp.

LEAHY, District Judge.

This is an appeal from a judgment rendered in favor of plaintiff on the pleadings, from which it appears that plaintiff holds certain warehouse receipts originally issued by Kinsey Distilling Company1 for 18,632 barrels of whiskey. The terms of the receipts provided, in substance, that the whiskey would be delivered to the holder of the receipts upon payment of government taxes and storage charges of ten cents per barrel per month and surrender of the receipts properly endorsed.

Prior to the transactions involved in the case at bar, the Kinsey Distilling Company, the…