Legal Opinion
Ex Parte Calcasieu-Marine Nat'l Bank
Supreme Court of South Carolina
Decided July 25, 1938No. 14731PublishedCited by 1 opinion
1Opinion of the Court
July 25, 1938. The opinion of the Court was delivered by The question to be decided is whether or not the appellant bank received the draft in question as a mere collecting agent, or as a purchaser, so that title and ownership vested in it.
On December 31, 1937, Noble-Trotter Rice Milling Company, Inc., a nonresident foreign corporation at Lake Charles, Louisiana, drew a draft in the sum of $1,344.50 on Allen Bros. Milling Company, Columbia, South Carolina, which represented the purchase price of a shipment of rice. Attached to the draft was a bill-of-lading covering the shipment, an invoice…
2Cases cited19 opinions
- Burton v. United StatesSupreme Court of the United States · 1905
- Vickers v. Machinery Warehouse & Sales Co.Washington Supreme Court · 1920
- Fourth National Bank of Montgomery v. BraggSupreme Court of Virginia · 1920
- In Re Liquidation of Canal Bank & Trust Co.Supreme Court of Louisiana · 1935
- Bank of Chillicothe v. McSwainSupreme Court of South Carolina · 1912
14 more not listed; retrieve them via the Exa API.
3Cited by1 opinion
- Allen, Inc. v. ISLAND CO-OP. ASS'N, LTD.Supreme Court of South Carolina · 1959