Cornell v. STIMSON LUMBER COMPANY

Plaintiff filed this suit for a declaratory judgment requesting a declaration of rights under a compensation agreement with defendant, the plaintiff’s employer. The trial court entered a decree in favor of the plaintiff, and defendant appeals.

The sole issue is whether a bank draft which is subsequently honored when presented for payment discharges the debt as of the date the draft is received by the creditor or as of the date the draft is presented for payment.

Most of the facts were stipulated.

The plaintiff, who was accidentally injured in the course of his employment, entered into a…