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JEFFERSON STANDARD LIFE INS. CO. v. WISDOM

No. 6488.

58 F.2d 565 (1932)

JEFFERSON STANDARD LIFE INS. CO. v. WISDOM.

Circuit Court of Appeals, Fifth Circuit.

April 19, 1932.

Attorney(s) appearing for the Case

Wm. H. Watkins, of Jackson, Miss., for appellant.

Hugh V. Wall, of Brookhaven, Miss., and Fulton Thompson, of Jackson, Miss., for appellee.

Before BRYAN, FOSTER, and SIBLEY, Circuit Judges.

SIBLEY, Circuit Judge.

Jefferson Standard Life Insurance Company sought relief in equity against the receiver of First National Bank of Brookhaven, Miss., on account of a collection made by the bank which had not been paid over at its failure, lost its case, and appeals. The facts are not disputed, and are these: The insurance company at Greensboro, N. C., having no previous relations with the bank, sent it a draft with these instructions: "Kindly collect the draft...

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