Moseley v. Keys & Roberts
Moseley v. Keys & Roberts
Opinion of the Court
delivered the opinion of the court.
The plaintiff alleges himself to be the holder of a bill of exchange drawn by Samuel Armistead upon the defendants in virtue of their letter of credit in favor of the latter, whereby they promised to accept any drafts drawn by him upon them not exceeding tw.o thousand dollars, payable between the first of December, 1839, and the first of February, 1840, but which
The cage turns altogether upon a question of fact, to wit: the authority of Gamble to sign the name of the defendants to a letter of credit in favor of Samuel Armistead. The evidence appears to us perfectly satisfactory that the letter of credit was executed by their order. It is true that in the letter-book which was kept by Gamble the copy appears to be addressed to William Armistead, who is shown to be a responsible man, but the index referring to the copy has the trame of Samuel Armistead, which corresponds with the original. Another strong circumstance is the fact shown in evidence that the defendants took collateral security from Samuel Armistead to guaranty them against their letter of credit. It is not shown that William Ar-mistead had any dealings with the house. On the contrary Samuel Armistead had been in correspondence with them and they had made a purchase of cotton from him which was shipped to New York a few days after the date of the letter of credit. Gamble’s character appears to have been above reproach. A letter written by him to the plaintiff from Ireland, which it was agreed should be read as a deposition in the event of a law suit, was properly used notwithstanding theudefendant’g objec-. tion to it, and particularly certain parts of it alleged to be impertinent and defamatory. ■ He gives a full and fair explanation of the transaction, from which it is clearly shown not only that he was expressly authorized to sign the letter of credit to Samuel Armistead, but that it was done contraryjto his advice, and that one of the partners expressed his regret afterwards at
It is therefore ordered, adjudged and decreed that the judgment of the Commercial Court be affirmed with costs and ten per cent; damages;
Reference
- Full Case Name
- MOSELEY v. KEYS & ROBERTS
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- Published