Legal Opinion

State Nat. Bank of Shawnee v. McMahan

Supreme Court of Oklahoma

Decided January 9, 1915No. 2965PublishedCited by 2 opinions

Error from Superior Court, Pottawatomie County; George C. Abernathy, Judge. Replevin by the State National Bank of Shawnee, a corporation, against D. V. Liddell and John C. Liddell, Jr., doing business as D. Y. Liddell & Co., and others, wherein B. W. McMahan and others, doing business as B. W. McMahan & Co., intervened. Judgment for interveners on directed verdict, and plaintiff brings error.

1Opinion of the CourtLoofbourrow, J.

The facts are substantially as follows :

In September, 1910, D. Y. Liddell & Co., cotton buyer's, went to the State National Bank of Shawnee and made arrangements whereby said bank was to carry their cotton account; that is, Liddell & Co. were to buy cotton the market at Shawnee and Pauls Yalley and tributary territory and draw upon the State National Bank for the purchase price, attaching to the drafts bills of lading for the cotton, and the bank was to hold the bills of lading as security for the money by them advanced, and, if at any time it felt itself unsafe or insecure, it was agreed…

2Cases cited2 opinions

  1. State v. . GreenSupreme Court of North Carolina · 1879
  2. State v. FennSupreme Court of Connecticut · 1874

3Cited by2 opinions

  1. Pueblo v. SierraSupreme Court of Puerto Rico · 1918
  2. People v. SierraSupreme Court of Puerto Rico · 1918

Showing a preview — retrieve the full document via the Exa API.

Powered by the Exa API