CORN EXCHANGE BANK v. SCHEPPERS & Others

Citations

• 111 U.S. 440
• 4 S. Ct. 505
• 28 L. Ed. 474
• 1884 U.S. LEXIS 1800

Syllabus

<p>Evidence — Promissory Note.</p> <p>When in the course of dealings A gives to B one series of his own notes pay- ' able to his own order to be used for purchase of an article on his account; another series of like notes as accommodation paper to be protected by the other party at maturity ; and a third series, part of which is accommodation paper and a part is issued for the purchase of the article, it is for the jury to say, on a suit against A by a bank to which B had hypothecated_ one of the third series as collateral, whether B had the right to pledge it for his own debt.</p>