Hubbard Bros. & Co. v. Southern Pac. Co.
Court of Appeals for the Fifth Circuit
Appeals from the District Court of the United States for the Western District of Louisiana; George W. Jack, Judge. Suit by Hubbard Bros. & Co. and others against the Southern Pacific Company and the Liquidators of the Ouachita National Bank and Monroe National Bank. The liquidators of the Ouachita National Bank and the Southern Pacific Company file cross-bills.
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Appeals from the District Court of the United States for the Western District of Louisiana; George W. Jack, Judge. Suit by Hubbard Bros. & Co. and others against the Southern Pacific Company and the Liquidators of the Ouachita National Bank and Monroe National Bank. The liquidators of the Ouachita National Bank and the Southern Pacific Company file cross-bills. From a judgment in favor of the liquidators of the Ouachita National Bank against the Southern Pacific Company, and in favor of the Southern. Pacific Company against plaintiff, the Southern Pacific Company and the plaintiff appeal.
1Opinion of the Court
BATTS, Circuit Judge.
PI. D- Bandy, in 1904 and prior thereto, was engaged at Monroe, Da., in buying and selling cotton. On August 15, 1904, Bandy discounted at the Monroe National Bank a draft for $9,000, drawn by him on Hubbard Bros. & Co., of New York. The body of the draft was in this form:
“Pay to the order of T. E. Flournoy, cashier, nine thousand dollars, value received, and charge the same to account of against 214 B/O.”
To the draft were attached, indorsed in blank, documents, after-wards ascertained to be forgeries, in the form of bills of lading for 214 bales of cotton, issued to…
2Cases cited14 opinions
- Cooke v. United StatesSupreme Court of the United States · 1875
- President of the Bank of the United States v. President of the Bank of GeorgiaSupreme Court of the United States · 1825
- Goetz v. Bank of Kansas CitySupreme Court of the United States · 1887
- Mason v. A. E. Nelson Cotton Co.Supreme Court of North Carolina · 1908
- Hoffman & Co. v. Bank of MilwaukeeSupreme Court of the United States · 1871
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