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LAMBORN v. NAT'L BANK OF COMMERCE

No. 163.

276 U.S. 469 (1928)

48 S.Ct. 378

72 L.Ed. 657

LAMBORN ET AL. v. THE NATIONAL BANK OF COMMERCE OF NORFOLK.

Supreme Court of United States.

Decided April 9, 1928.

Attorney(s) appearing for the Case

Mr. Louis O. Van Doren, with whom Messrs. Edward R. Baird, Jr., H.G. Connor, Jr., and Edward S. Bentley were on the brief, for petitioners.

Mr. Tazewell Taylor for respondent.

MR. JUSTICE BRANDEIS delivered the opinion of the Court.

This action was brought in the federal court for eastern Virginia by Lamborn & Company, of New York City, against The National Bank of Commerce of Norfolk. The jurisdiction of the District Court rested upon diversity of citizenship. The plaintiffs sought damages for the refusal to honor a sight draft drawn against a letter of credit, given pursuant to a contract of T.S. Southgate & Company to buy 1,000...

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