Case ID: ga_69/html/0747-03.html
Source: Caselaw Access Project
Author: {"author": "Crawford, Justice.", "license": "Public Domain", "url": "https://static.case.law/"}
Date Created: 2024-08-24T03:29:51.129683

Starr vs. Davis, receiver.
    A draft is only a debt due by- the drawer and acceptors to the payee. An assignment by acceptors which gave preference “ to creditors who have money on deposit or on ciall, or to their credit on uncollected balances from the sales of cotton,” would not include a creditor who had an ordinary acceptance from said firm.
    
      (a.) The fact that the drawer, who had a large account for other advances with the acceptors, delivered to the acceptors produce to be sold on his account, would not be sufficient to bring the paye,e within the class of preferred creditors.
    September 26, 1882.
   Crawford, Justice.