Lee v. Bowen
U.S. Circuit Court for the Northern District of Illnois
Bill for an accounting and to recover of defendants the proceeds of goods consigned to them, the bill of lading for which had been assigned to complainant by the consignor as security for his draft drawn against the goods shipped.
1Opinion of the Court
BLODGETT, District Judge.
In the fall of 1865, King & Pennock were manufacturers of cotton goods at Pittsburg, Penn., *146and Bowen Bros., wholesale merchants In this city, acting as factors for King & Pen-nock. Owing to a decline in values and other embarrassments, King & Pennock became unable to go on with their business without assistance, and, in order to prevent their stopping, Bowen Bros, agreed to advance their drafts or acceptances to them, to be paid in manufactured goods, which were to be shipped from Pittsburg to Bowen Bros, as fast as manufactured, to meet such acceptances. In…
2Cases cited1 opinion
- The Bank of Rochester v. . JonesNew York Court of Appeals · 1851
3Cited by3 opinions
- Ratzer v. Burlington, Cedar Rapids & Northern Railway Co.Supreme Court of Minnesota · 1896
- Halsey v. WardenSupreme Court of Kansas · 1881
- C. E. White & Co. v. Century Savings BankCourt of Appeals for the Seventh Circuit · 1916