Bank of Alexandria v. Saunders

U.S. Circuit Court for the District of District of Columbia

Bank of Alexandria v. Saunders

2 F. Cas. 615, 2 Cranch 183, 2 D.C. 183

CourtU.S. Circuit Court for the District of District of Columbia

DecidedNovember 15, 1819

StatusPublished

This text of 2 F. Cas. 615 (Bank of Alexandria v. Saunders) is published on Counsel Stack Legal Research, covering U.S. Circuit Court for the District of District of Columbia primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Bank of Alexandria v. Saunders, 2 F. Cas. 615, 2 Cranch 183, 2 D.C. 183 (circtddc 1819).

Pincite

Opinion

THE COURT,

(MORSELL, Circuit Judge, contra,)

at the prayer of the defendant’s counsel, instructed the jury, that if they should be satisfied by the evidence that the note for $2,500, dated on the 20th of May, 1817, was drawn, indorsed, and offered to the bank for discount, with the intent to renew or pay the note for $3,000 falling due on that day, and that the bank discounted it, knowing that it was so offered with that intent, the bank was bound so to apply the proceeds of the new discount, and could not now recover upon the note for $3,000.

Verdict for the defendant.

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THE COURT,

(MORSELL, Circuit Judge, contra,)

at the prayer of the defendant’s counsel, instructed the jury, that if they should be satisfied by the evidence that the note for $2,500, dated on the 20th of May, 1817, was drawn, indorsed, and offered to the bank for discount, with the intent to renew or pay the note for $3,000 falling due on that day, and that the bank discounted it, knowing that it was so offered with that intent, the bank was bound so to apply the proceeds of the new discount, and could not now recover upon the note for $3,000.

Verdict for the defendant.

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Bluebook (online)

2 F. Cas. 615, 2 Cranch 183, 2 D.C. 183, Counsel Stack Legal Research, https://law.counselstack.com/opinion/bank-of-alexandria-v-saunders-circtddc-1819.