E. A. Tovrea & Co. v. Degnan

— This is a garnishment proceeding, and involves the question as to which is entitled to the fund, the payee of a nonaccepted draft drawn by a debtor, or the garnishment creditor of the debtor. The facts, as we gather them from the pleadings and the evidence, are about as follows:

On September 13, 1922, John Degnan, a resident of Texas, sold to the Arizona Packing Company, a corporation of Phoenix, Arizona, two carloads of beef cows at four and one-half cents per pound, f. o. b. cars at El Paso, less the freight from that point to Phoenix. On September 19th Degnan shipped cows, consigning them…