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BANK OF THE UNITED STATES v. OWENS AND OTHERS

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27 U.S. 527 (1829)

2 Pet. 527

7 L.Ed. 508

THE PRESIDENT, DIRECTORS AND COMPANY OF THE BANK OF THE UNITED STATES, vs. WILLIAM OWENS, HERBERT G. WAGGONER, GEORGE WAGLEY AND ALEXANDER MILLER.

Supreme Court of United States.

March 17, 1829.

Attorney(s) appearing for the Case

Mr Sergeant, for the plaintiffs.

Mr Justice JOHNSON delivered the opinion of the Court.

This suit is instituted for the recovery of a promissory note.

The plea is filed by the three last named defendants, who represent themselves as securities to Owens, and sets out in substance, that the note was created for the purpose of enabling Owens to obtain a loan of money from the plaintiff, in the ordinary course of discount; that it was offered for discount...

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