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BARCLAYS BANK D.C.O. v. MERCANTILE NATIONAL BANK

Civ. A. No. 15297.

339 F.Supp. 457 (1972)

BARCLAYS BANK D.C.O. v. MERCANTILE NATIONAL BANK.

United States District Court, N. D. Georgia, Atlanta Division.

March 13, 1972.

Attorney(s) appearing for the Case

Gambrell & Mobley, Atlanta, Ga., Appleton, Rice & Perrin, New York City, for plaintiff.

Haas, Holland, Levison & Gibert, Atlanta, Ga., for defendant.

ORDER

O'KELLEY, District Judge.

This diversity action is brought by Barclays Bank D.C.O. (hereinafter Barclays) to recover for the alleged wrongful dishonor by Mercantile Bank (hereinafter Mercantile) of a $280,011.65 draft upon the latter bank. The draft was presented pursuant to a writing claimed by Barclays to be both a "confirmation" by Mercantile of an irrevocable letter of credit issued in Barclays' favor, as well as an independent undertaking to honor...

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