New Orleans Canal & Banking Co. v. Templeton

This suit is instituted by the plaintiff, as the endorsee and holder of two promissory notes, drawn by the defendant to the order of Rochford, Brown & Co., and by them endorsed in blank, to recover from him the amounts of the said notes, with interest and costs.

*142The defendant excepted to the plaintiff’s right to prosecute this suit in its corporate name, in consequence of the forfeiture of its charter by the suspension of specie payments, and the Court below referred the exception to the merits.

An answer was filed on the 11th October, 1867, in which a failure of consideration was set up, as…