Traders' Securities Co. v. Green

The Traders’ Securities Company sued R. C. Green in the county court of Clay county, on what is called a “trader’s acceptance,” in favor of the Arch Manufacturing Company of St. Louis, Mo., and assigned by said manufacturing company without recourse to plaintiff. The three trader’s acceptances were as follows, except as to the date of payment; No. 2 being due September 21, 1925, and No. 3 being due November 21, 1925:

$59.60 No. 1404.

“St. Louis, Mo., Apr. 21, 1925.

“Three months after date, pay to the order of ourselves at our office at St. Louis, Mo., fifty-nine and 60/100 dollars.

“The…