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REYNES v. DUMONT

Nos. 174, 175.

130 U.S. 354 (1889)

REYNES v. DUMONT. DUMONT v. FRY.

Supreme Court of United States.

Decided April 8, 1889.

Attorney(s) appearing for the Case

Mr. John E. Parsons, for Reynes.

Mr. James C. Carter for Fry.

Mr. Frederic R. Coudert (with whom was Mr. Edgar A. Hutchins on the brief) for Dumont.

Mr. John M. Bowers, for Fry.

MR. CHIEF JUSTICE FULLER delivered the opinion of the court.

The Circuit Court held that Cavaroc & Son had pledged the bonds to Schuchardt & Sons as security for any unpaid balance of account due from the New Orleans Bank, with a limitation to $100,000 on the amount for which the bonds should be held liable. The unpaid balance was ultimately placed at $195,315.63. The larger part of this balance resulted from charging...

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