Atlas National Bank v. More

For some years prior to September 27, 1888, Wilson & Bayless, a partnership composed of George Wilson, Jr., and Theodore P. Bayless, had been doing business in the city of Chicago as dealers in furniture, which was, for the most part, sold upon the installment plan,—that is, the furniture was delivered and either leases or chattel mortgages obtained from the vendees. They had had a line of credit with the Atlas National Bank, the appellant, with whom they had been doing business for some time, and as security for loans to them they had, under an agreement with the bank, kept at the bank, as…