Varney v. Monroe Nat. Bank
Supreme Court of Louisiana
Action by E. B. Varney against the Monroe National Bank. Judgment for defendant was affirmed by the Court of Appeal, and plaintiff applies for certiorari or writ of error.
1Opinion of the CourtBreaux, C. J.
Plaintiff instituted this suit against the Monroe National Bank for the amount of $1,229.69.
The drawer, Bandy, attached a bill of lading to his draft for 25 bales of cotton, which bill of lading was indorsed by Bandy. It was cashed by the bank and forwarded to the drawee, Varney, in Massachusetts for payment.
The draft and the bill of lading were presented to plaintiff, who paid the draft.
The bill of lading showed, as regards the bales of cotton, that it was consigned to shipper’s order; i. e., Bandy’s. It was not even consigned to Varney’s order.
The bill of lading was a forgery. No cotton was…
2Cases cited4 opinions
- Goetz v. Bank of Kansas CitySupreme Court of the United States · 1887
- Hoffman & Co. v. Bank of MilwaukeeSupreme Court of the United States · 1871
- Landa v. Lattin Bros.Court of Appeals of Texas · 1898
- William T. Hardie & Co. v. Vicksburg, S. & P. Ry. Co.Supreme Court of Louisiana · 1907
3Cited by2 opinions
- Hubbard Bros. & Co. v. Southern Pac. Co.Court of Appeals for the Fifth Circuit · 1919
- Spencer & Co. v. Bank of Hickory RidgeSupreme Court of Arkansas · 1914