Legal Opinion

Blaine v. Bourne & Co.

Supreme Court of Rhode Island

Decided March 6, 1875PublishedCited by 1 opinion

Assumpsit on a bill of exchange, heard by the court.

1Opinion of the CourtPotter, J.

The draft in question was as follows:—

“Banking House oe Blaine, Gould & SnoitT,
“ North East, Pa., August 16, 1873.
“ Thirty days after date pay to the order of Frank Thayer Seven Hundred dollars, Frank Thayer.
“ To Messrs. B. G. Chace & Co., Providence, B. I.
“ Due September 18.”

Thayer was the agent in Pennsylvania to make purchases for Chace & Co. of Providence, and he drew on them for payment.

This draft was indorsed by Thayer in blank, and was discounted by the plaintiffs before acceptance. The plaintiffs indorsed it as follows : —

“ Pay Jay Cooke & Co. or order on account of Blaine, Gould &…

2Cases cited5 opinions

  1. PRESIDENT AND DIRECTORS OF THE BANK OF WASHINGTON v. Triplett & NealeSupreme Court of the United States · 1828
  2. McBride v. . the Farmers' BankNew York Court of Appeals · 1863
  3. Lawrence v. Stonington BankSupreme Court of Connecticut · 1827
  4. Dickerson v. . WasonNew York Court of Appeals · 1872
  5. Commercial Bank of Clyde v. Marine BankNew York Court of Appeals · 1867

3Cited by1 opinion

  1. Central Railroad v. First National BankSupreme Court of Georgia · 1884

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