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WRIGHT v. NORTH RIVER INS. CO.

No. 5021.

23 F.2d 548 (1928)

WRIGHT v. NORTH RIVER INS. CO. et al.

Circuit Court of Appeals, Fifth Circuit.

Rehearing Denied February 1, 1928.

Attorney(s) appearing for the Case

Simon Rosenthal and Samuel L. Gwin, both of Greenwood, Miss., for appellant.

R. L. McLaurin, of Vicksburg, Miss., and J. W. Cutrer and Edw. W. Smith, both of Clarksdale, Miss. (P. W. Allen, of Indianola, Miss., and Cutrer & Smith, of Clarksdale, Miss., on the brief), for appellees.

Before WALKER, BRYAN, and FOSTER, Circuit Judges.

WALKER, Circuit Judge.

The appellant, F. A. Wright, without a valuable consideration moving to him, indorsed in blank before its delivery a promissory note of C. R. Castleberry for $11,000, payable to Greenwood Savings Bank (herein called the bank), or bearer. When appellant made that indorsement, it was understood between him, Castleberry, and the bank that the note would be secured by a mortgage or deed of trust of the maker on designated property, which was to...

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