Schwartz, Kauffman & Co. v. Baer

This suit is brought on the following instrument:

“The underigned, Marx Baer,, of Shreveport, La., acknowledges .to be justly and íawfulíy indehted to Messrs; Schwartz, Kauffman & Co., of -New Orleans, in the full sum'of; fen hundred'and seventy dollars and *602ninety-one cents; for the liquidation of said debt, I hereby bind myself to hold, subject to the order of Schwartz, Kauffman & Co., an equivalent amount of cotton, at the rate of, say, ton cents per pound; said cotton to be delivered whenever called for, and as before stated, to be entirely under the control of Schwartz, Kauffman & Co.,…