William S. Wright & Co. v. Ellis

This is an action brought by the plaintiffs, to recover from the defendants the amount alleged to be due on a bill of exchange, drawn by the defendants upon their correspondents, and agents, at New Orleans, in favor of Cham*547plin & French, for the sum of $2,500, and by Champlin & French endorsed to the plaintiffs.

The case has been submitted to the Court upon the following agreed facts.

On the 16th February, 1853, Champlin & French, a firm doing business in Cincinnati, then in fact insolvent, being indebted to the plaintiffs, a firm doing a commission business in New Orleans, in the sum of $2,500…