U.S. Circuit Court for the District of Northern Mississippi April 25, 1890 (Timberlake v. First Nat. Bank)

Hill, J.

On the 1st day of September, 1887, the defendant was organized' under the laws of the United States as a national bank, and the plaintiffs drew cheeks on the bank in payment of the cotton purchased .by them, and deposited with defendant, in payment, drafts or checks on the parties to whom the cotton was sold or shipped.