Seward v. First Nat. Bank in Meridian

Appellant had had negotiations with a concern called Irving-Harris Corporation by which an exchange was to be made of $11,000 of bonds owned by appellant for certain other bonds, later to be mentioned, but instead of sending his bonds direct to Irving-Harris Corporation, thereby trusting that concern to make the exchange, appellant sent them to appellee bank accompanied at the same time by the following letter, addressed to the bank:

"Enclosed find Newton County bonds as follows: Junior College Improvement 5 1/2% Numbers 24, 31, 32, 33, 39, 40, 41, 42, 67, 68, 81. Also my check payable to…