Security Nat. Bank v. Morgan

On July 12, 1918, Big Diamond Oil & Refining Company of Oklahoma City, Okl., drew a draft on R. W. Morgan, of Dallas, Tex., which said draft read as follows:

“Tradesmen’s State Bank.

“Oklahoma City, Old., July 12, 1918. “Pay to the order of Big Diamond Oil & Ref. Co. $625.50, six hundred twenty-five and c0/ioo ' dollars, for value received, and charge to account of

“[Signed] Big Diamond Oil & Refining Co.,

“By Oscar Houston, Treas.,

“Per P. M. Faver, Pres.

“To R. W. Morgan, Dallas, Texas. 1314 S. W. Life Bldg.”

Across the end: “Customer’s Draft.”

Indorsed on back: “Payment refused. Stock certificate…