Anderson v. Sanderson

William Sanderson sued L. C. Anderson as an endorser on certain notes. In the General Sessions Court judgment went for Sanderson. On appeal to the Circuit Court, the circuit judge, trying the case without a jury, rendered judgment for Sanderson for $333.41 and costs.

Anderson appealed in error and insists that the Circuit Court should have held that Sanderson was precluded from maintaining suit on the notes because he had purchased them in pursuance of the business of buying notes, which is defined and taxed as a privilege, without paying the privilege tax.

H. B. Cashman had made a series of…