Blount County Bank v. Robinett McCay

The plaintiff introduced in evidence the note sued on. The defendants pleaded the general issue in short by consent and a failure of consideration, and offered evidence tending to prove that J. A. Head was a cotton buyer buying cotton at Oneonta; that the defendants were warehousemen storing cotton, upon which they issued standard warehouse receipts ; that Head bought cotton from farmers, and in paying for same he gave check for the purchase price on the bank, attached the warehouse receipt, and, when so attached, the bank paid the cheek, retaining the receipts as security for the money…