Hitchcock v. Buchanan
ERROR to the Circuit Court of the United States for the Southern District of Illinois.
This was an action of assumpsit by Hitchcock as indorsee, against Buchanan and Waugh as drawers, of the following bill of exchange:--
'OFFICE OF BELLEVILLE NAIL MILL CO., BELLEVILLE, ILLS.,
'$5,477.13. Dec. 15th, 1875.
'Four months after date, pay to the order of John Stevens, Jr., cashier, fifty-four hundred and seventy-seven 13/100 dollars, value received, and charge same to account of Belleville Nail Mill Co.
'WM. C. BUCHANAN, Pres't.
'JAMES C. WAUGH, Sec'y.
'TO J. H. PIEPER, Treas., Belleville, Illinois.'
The declaration alleged that the defendants, on the 15th of December, 1875, 'at the office of Belleville Nail Mill Co., Belleville, Ills., made their certain bill of exchange' (describing it), and, after it had been accepted by the drawee, delivered it to the payee therein named, and he indorsed it to the plaintiff, and the bill at maturity was presented for payment, and payment refused, and the bill protested for non-payment, and the defendants, knowing that it would not be paid by the acceptor, had omitted to provide funds for its payment. A copy of the instrument above set forth, and of the acceptance and indorsement thereon, was filed with the declaration.
The defendants, after oyer craved and had, severally filed. general demurrers to the declaration, which were sustained by the Circuit Court, and judgment given for the defendants, on the ground that the instrument declared on was the bill of exchange of the Belleville Nail Mill Company, and not the bill of the defendants.
Mr. Thomas G. Allen for the plaintiff in error.
Mr. C. W. Thomas for the defendants in error.
MR. JUSTICE GRAY, after stating the case, delivered the opinion of the court.