Tennessee Supreme Court December 15, 1850 (Planters' Bank v. Galloway)

Totten, J.

delivered the opinion of the court.

The case is an action of debt by the indorsee, against the acceptor of a bill of exchange. The bill was drawn by E. W. Nance, on the 4th November, 1845, for $1500,00, payable to his own order at thirty days date ; addressed to V. & L. G. Galloway, as drawees thereof; at the same date, it was accepted by the drawees, and indorsed to the plaintiff.