Tennessee Chemical Co. v. George

The Court of Appeals requested instruction upon the following question: “In a suit upon a promissory note *564by the owner and holder thereof against the maker, can the defendant maintain a cross-action which sets up that he deposited certain personal property with the plaintiff as collateral security for the note sued on, and that the plaintiff converted the property to his own use, where the cross-action is for the difference between the value of the converted property and the balance due by the defendant on the note, and where it is not shown that the property has been converted into money ?”

Th…