Third National Bank v. Vicksburg Bank

Citations

• 61 Miss. 112

Syllabus

<p>Bake. Collection. Sub-agent’s default. A bank is not liable for the default of a prudently chosen correspondent at the acceptor’s residence to whom it sends a draft received for collection. Tier-nan v. Commercial Bank, 7 How. 648, followed. Campbell, J., dissented.</p>