Security Sav. Bank of Covington v. First National Bank of Michigan City

ARANT, Circuit Judge.

The Bromwell -Wire Goods Company, a Delaware corporation, has its principal place of business in Cincinnati, Ohio. It operates a factory in Michigan City, Indiana. For several years, it purchased goods from the firm of Mitchell Brothers, of Cadillac, Michigan. Often several shipments from that firm were received at its Michigan City factory and paid for within a week’s time. When an invoice for such goods was received in Cincinnati, it was sent to the superintendent of the factory at Michigan City, who checked it to see that the goods had been received and the prices were…