Sanders v. Stevens

HOLMES, District Judge.

On January 14,1931, R. M. Sanders gave the First National Bank of Jaekson, Miss., a cheek for $1,134.06, drawn by one R. W. Manning on the Merchants’ & Planters’ Bank of Drew, Miss. The check was payable to the order of R. M. Sanders, and indorsed by him. He told the-president of the bank, J. B. Stirling, who was also one of the trustees of the Tribette estate, to whom Sanders was indebted, to collect the check, and, out of the proceeds, to pay the interest of $320 on his indebtedness to the Tribette estate and turn the balance over to him in cash. Sanders was not a…