Stamford Compress Co. v. Farmers & Merchants National Bank

SPEEB, Associate Justice.—The

Farmers & Merchants National Bank sued Stamford Compress Company and recovered a judgment as assignee of the following compress cotton ticket: °

“No. 290. Stamford, Texas, May 13th, 1908. No. Bales, 42.

“Stamford Compress Company received from West Cotton Yard for account of Will Bives, mark ........ at owner’s risk forty-two bales cotton. Not responsible for water damage or loss or damage by fire. This receipt must be returned on delivery of the cotton, and is non-negotiable. (Signed) T. O. Purkett, Supt.”

The defendant has appealed principally upon the contention…