Robertson v. Hennochsberg

ROSS, District Judge.

One Gruber was engaged in the tailoring business at *605Memphis, Tenn. Being financially embarrassed, he applied to the hank at which defendant, Hennoehsberg, was employed for a loan of $500. The collateral offered by Gruber was not such as could he accepted by the bank, but the loan was made hy Hennoehsberg personally. As security for the loan Gruber assigned to him certain accounts due him from customers. ' The accounts were examined by liennoehsborg prior to assignment, and the assignment was evidenced by a notation made on the hooks of Gruber by stamping’ thereon with a…