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MONIER v. GUARANTY TRUST CO. OF NEW YORK

No. 134.

82 F.2d 252 (1936)

MONIER et al. v. GUARANTY TRUST CO. OF NEW YORK.

Circuit Court of Appeals, Second Circuit.

February 10, 1936.

Attorney(s) appearing for the Case

Armstrong & Keith, of New York City (Lorenzo D. Armstrong, John S. Keith, Joseph W. Murphy, and Arthur M. Boal, all of New York City, of counsel), for plaintiffs.

Davis, Polk, Wardwell, Gardiner & Reed, of New York City (Theodore Kiendl, Ralph M. Carson, Harold W. Bissell, and Franklin H. Mills, all of New York City, of counsel), for defendant.

Before MANTON, L. HAND, and SWAN, Circuit Judges.

SWAN, Circuit Judge.

The plaintiffs, trading as R. H. Hooper & Co., were formerly engaged in business as cotton brokers, having their main office in New York City and a branch office in Havre, France. They carried a checking account in the defendant bank. On June 17, 1930, the bank dishonored certain checks drawn by the plaintiffs on this account and payable to members of the Cotton Exchange, and this resulted, the plaintiffs charge, in their suspension from the...

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