Union Bank v. Rawlings

Sneed, J".,

delivered the opinion of the court:

The action is upon a bill of exchange for $10,958.50, drawn by the defendant, Rawlings, at Memphis, Tenn., on M. I). Cooper & Co., commission merchants in Mew Orleans, and accepted by them. The bill was drawn on the 11th of November, 1861, at six months, and is payable to the order of the drawer, and was by him indorsed to the plaintiff. The verdict and judgment below were for the defendant, and appeal in error by the plaintiff.

The bill sued on was the last of a series of like transactions between the defendant and M. D. Cooper & Co., who were his…