Bank of New Hanover v. . Kenan
Supreme Court of North Carolina
Banks — Collection of Commercial Paper— Ageney. Civil Amour, tried at Spring Term, 1876, of New TT a No veR, Superior Court, before McKoy, J. The case is so fully considered by Mr. Justice ,Bynum in delivering the opinion of this Court as to render any further statement unnecessary. There was judgment for the plaintiff and the defendant, appealed.
1Opinion of the CourtByNUM, J.
The defendant had drawn from the plaintiff" Bank a considerable amount exceeding his deposits, and the-Bank called upon him to make good the deficit. The defendant had sold but not delivered to Moffit & Co. 300 barrels of rosin for $864, and to enable him to meet the demand of the Bank on the 6th of September, 1873, Moffit drew and delivered to the defendant his check upon the Bank for the purchase money of the rosin, payable on the 9th of September. This check the defendant offered to the- Bank as a payment on the balance against him. .The President of the Bank received the check and it was…
2Cases cited2 opinions
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- Ivory v. Bank of StateSupreme Court of Missouri · 1865
3Cited by7 opinions
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- Branch Banking and Trust Co. v. Bank of WashingtonSupreme Court of North Carolina · 1961
- Barnes v. Peoples Bank & Trust Co.Supreme Court of North Carolina · 1927
- Bank of Mount Airy v. Greensboro Loan & Trust CompanySupreme Court of North Carolina · 1912
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