Belmont-Central Exchange, Inc. v. Jacobs

Mr. Presiding Justice Hbbel

delivered the opinion of the court.

Belmont-Central Exchange, a corporation, filed its statement of claim in the municipal court against M. Jacobs, doing business as Ashland-Irving Currency Exchange, on a money order or check for $52.25. The trial before the court resulted in a finding and judgment for the defendant. Plaintiff appealed.

Both parties are engaged in Chicago in the business of a currency exchange, which consists in issuing and cashing money orders or checks. Defendant on September 30,1942, drew a money order or check for $52.25 payable to the order of…