Bank Commerce v. Ternes Coal & Lumber Co.
By Supreme Court of Michigan
- Release Date - Published: 1931-02-27
- Book Genre: Law
- Author: Supreme Court of Michigan
Bank Commerce v. Ternes Coal & Lumber Co. Supreme Court of Michigan read online review & book description:
Assumpsit by Bank of Commerce, Eugene, Oregon, a corporation, as assignee of the Ball Lumber Company, against Ternes Coal & Lumber Company, a corporation, for a carload of lumber. Judgment for plaintiff. Defendant brings error. Affirmed. BUTZEL, C.J. Ball Lumber Company of Eugene, Oregon, assigned its account for a carload of lumber shipped defendant Ternes Coal & Lumber Company, to the Bank of Commerce, of Eugene, Oregon, plaintiff herein. The bank passed credit on its books to shipper for $775. A written assignment was executed near the bottom of the face of the original invoice in the following form:
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