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CENTRAL HANOVER BANK & TRUST CO. v. UNITED TRACTION CO.

No. 142.

95 F.2d 50 (1938)

CENTRAL HANOVER BANK & TRUST CO. v. UNITED TRACTION CO. et al.

Circuit Court of Appeals, Second Circuit.

February 21, 1938.

Attorney(s) appearing for the Case

Archibald L. Jackson, of New York City (Felix A. Fishman and Alfred W. Bressler, both of New York City, of counsel), for appellant.

Larkin, Rathbone & Perry, of New York City (A. M. Lewis and Frank H. Heiss, both of New York City, of counsel), for appellees.

Before L. HAND, SWAN, and AUGUSTUS N. HAND, Circuit Judges.

SWAN, Circuit Judge.

The claim of the appellant is based upon two promissory notes of the Union Traction Company payable upon demand with interest at 6 per cent. per annum. The first note, dated December 31, 1928, in the sum of $3,563,508.17, was payable to the order of Ellis L. Phillips and George W. Olmsted, and was by them endorsed without recourse and acquired by the appellant on November 1, 1929. The second note, dated...

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