Deen v. Bank of Hazlehurst

1. Where, in consideration of a loan of money by one bank to another, and in order to secure the payment of the loan, the borrowing bank pledged to the lénding bank certain notes of customers as collateral, under an agreement that the collateral should stand as security not only for the loan then obtained, but for “all other liabilities of the undersigned [borrower] to the said bank [lender] due or to become due, or which may hereafter be contracted or existing, whether incurred directly or indirectly by the undersigned to the said bank, including as well promissory notes, bills of exchange,…