Live Stock Exchange, Inc. v. State Bank

Appellant filed a bill in the circuit court of Warren county against appellees, one Cain Owens and one Max Montgomery, charging among other things that on August 1, 1923, one Blaine H. Watson was contemplating the purchase of certain cattle through appellant; that appellant, being ignorant of the financial standing, etc., of Watson applied to appellee bank for information in reference thereto; that the cashier of said bank, with knowledge that Watson was hopelessly insolvent, etc., on said date wrote appellant the following letter:

“Mr. Blaine H. Watson of near this place has been a…