Tyler Bank & Trust Company v. Frank Carder, Sr., Frank Carder, Jr., and Ben Scroggin, Jr

DE VANE, District Judge.

This is an appeal from a judgment in favor of appellees against appellant entered July 29, 1954. Appellees sued appellant on four drafts, alleging appellant was liable for the face amount of said drafts on three alternative grounds: (a) Appellant by holding the drafts more than twenty-four hours accepted same; (b) Appellant extended the drawer credit to the extent of the drafts so as to be bound and obligated therefor, and (c) Appellant was negligent in the handling and failure to return the drafts. Appellant denied its liability on all grounds and set up, in addition,…