St. Louis, Iron Mountain & Southern Railway Co. v. Citizens' Bank
Supreme Court of Arkansas
Appeal from Pulaski Chancery Court; Jesse C. Hart, Chancellor ; According to the testimony, the bank’s method of doing business and of handling-this cotton was such as to make it entirely responsible for any loss sustained under the bills of lading. The railway company having delivered the cotton to the compress with the assent and knowledge of the bank, it became a complete delivery, and the bank was thereafter responsible only as a warehouseman for the cotton.
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Appeal from Pulaski Chancery Court; Jesse C. Hart, Chancellor ; According to the testimony, the bank’s method of doing business and of handling-this cotton was such as to make it entirely responsible for any loss sustained under the bills of lading. The railway company having delivered the cotton to the compress with the assent and knowledge of the bank, it became a complete delivery, and the bank was thereafter responsible only as a warehouseman for the cotton. No goods shall be delivered on a bill of lading without the written assent of t'he person holding the bill. Kirby’s Dig., § 527. The…
1Opinion of the CourtHiuu, C. J.
This is another chapter in the financial career of the Alphin-Lake Cotton Company. It is an action brought by the Citizens’ Bank of Little Rock to recover of the St. Louis, Iron Mountain & Southern Railway Company the value of cotton delivered by it to the cotton company without a .surrender of the bills of lading representing said bales. There are 13 counts in the complaint, the first twelve counts for 62 bales and the 13th count for 12 bales. The latter will be considered separately, as it presents a different question.
The transactions involving the loss to the bank of the 62 bales of…
2Cases cited4 opinions
- Pollard v. VintonSupreme Court of the United States · 1882
- Arkansas Southern Railway Co. v. German National BankSupreme Court of Arkansas · 1906
- Arkansas Southern Railroad v. German National BankSupreme Court of the United States · 1907
- Citizens' Bank v. Arkansas Compress & Warehouse Co.Supreme Court of Arkansas · 1906
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- Bedig v. Southern Pacific Co.California Court of Appeal · 1927
- Hotfoot Logistics, LLC. v. Shipping Point Marketing, Inc.Supreme Court of Arkansas · 2014
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