MERCHANTS' BANK & TRUST CO. v. C. L. THURMAN MOTOR CO.

No. 4383.

10 F.2d 141 (1926)

MERCHANTS' BANK & TRUST CO. v. C. L. THURMAN MOTOR CO. et al.

Circuit Court of Appeals, Sixth Circuit.

January 5, 1926.


Attorney(s) appearing for the Case

Frank Montgomery, of Knoxville, Tenn., and J. E. Alexander, of Winston-Salem, N. C. (Donaldson & Montgomery, of Knoxville, Tenn., on the brief), for plaintiff in error.

W. T. Kennerly, of Knoxville, Tenn. (A. M. Paine, of Sevierville, Tenn., on the brief), for defendants in error.

Before DONAHUE, MOORMAN, and KNAPPEN, Circuit Judges.


MOORMAN, Circuit Judge.

On February 22, 1919, the C. L. Thurman Motor Company, the sole owner of which was C. L. Thurman, purchased two Bethlehem trucks from W. Irvin Young & Co., executing in payment therefor a trade acceptance of that date for $4,157.20, due 90 days after date. Young & Co. sold the acceptance to the Merchants' Bank & Trust Company on May 14th, and the latter company caused it to be presented for payment, which was refused. It was protested...

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