German Savings Institution v. Adae
U.S. Circuit Court for the District of Eastern Missouri
In Equity. Bill of interpleader. ' The facts of the ease are sufficiently stated in the opinion, except that the character of the instrument referred to therein as a “bill of exchange, (or cheek,) ” is left somewhat indefinite. Said instrument is in words and figures as follows: No. 37,230. German Savings Institution, ? Cincinnati, December 16,1878. f $1,072. “ Pay to the order of H. L. Newman & Co., ten hundred and seventy-two dollars, in currency.
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In Equity. Bill of interpleader. ' The facts of the ease are sufficiently stated in the opinion, except that the character of the instrument referred to therein as a “bill of exchange, (or cheek,) ” is left somewhat indefinite. Said instrument is in words and figures as follows: No. 37,230. German Savings Institution, ? Cincinnati, December 16,1878. f $1,072. “ Pay to the order of H. L. Newman & Co., ten hundred and seventy-two dollars, in currency. “To German Savings Institution, St. Louis, Mo. “ C. E. Adae & Co. “M.. M. Adae.”
1Opinion of the CourtMcCbaRy, C. J.
This case is submitted upon an agreed statement of facts, from which it appears:(1) That on the sixteenth day oí December, 1878, the firm of C. F. Adae & Co., bankers, at Cincinnati, Ohio, being indebted to their correspondents, H. L. Newman & Co., at East St. Louis, Illinois, made and forwarded their certain bill of exchange, (or (¡heck,) of that date, on the German Savings Institution, a bank in St. Louis, for $1,072, to the order of said II. L. Newman & Co., the same being proceeds of a collection theretofore made by said Adae & Co. in the ordinary course of business between them and the…
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