Brooks v. Greil Bros.
Supreme Court of Alabama
Appeal from Lowndes Chancery Court. Heard before Hon. L. D. Gardner. . Bill by Mary E. Brooks against Greil Brothers Co. and others to cancel certain notes and leases, and for an accounting for rents and profits received. Decree for respondents and complainant appeals.
1Opinion of the Court
de GRAFFENRIED, J.(1) Greil Bros. Company, a corporation, is shown by this bill to be the assignee of a lease and rent notes described in the lease. These instruments are not governed by the law merchant, as rent notes are not payable in money, but in cotton. Greil Bros. Company cannot claim, therefore, the protection which our statutes afford to bona fide purchasers of commercial paper in the due course of business.
*237(2) This corporation is, in this matter, the holder of non-negotiable choses in action. It holds them as the assignee of the husband of complainant, and it — unless it possesses…
2Cases cited13 opinions
- Exchange Bank v. RichMassachusetts Supreme Judicial Court · 1871
- Bell v. ReynoldsSupreme Court of Alabama · 1885
- Wettlaufer v. BaxterCourt of Appeals of Kentucky · 1910
- Silverman v. BullockIllinois Supreme Court · 1880
- Wright & Co. v. LevyCalifornia Supreme Court · 1859
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3Cited by6 opinions
- Evans v. EvansSupreme Court of Alabama · 1917
- Ex Parte MortonSupreme Court of Alabama · 1954
- Teal v. Pleasant Grove Local Union No. 204, Etc.Supreme Court of Alabama · 1917
- Continental Life Ins. Co. v. BrandtSupreme Court of Alabama · 1934
- Brooks v. Greil Bros. Co.Supreme Court of Alabama · 1919
1 more not listed; retrieve them via the Exa API.