Summary

John McLean Crawford v. Branch Bank of Alabama at Mobile…

It in no respect affects the obligation of the contract. Neither the manner nor the time of payment is changed. The bank, being the holder of the note, and having the beneficial interest in it, is authorized by the statute to sue in its own name. This is nothing more than carrying out the contract according to its original intendment. The cause is dismissed.
This cause came on to be heard on the transcript of the record of the Supreme Court of the State of Alabama, and on the motion of Mr. Inge, of counsel for the defendants in error, to dismiss this writ of error for the want of jurisdiction.
Source: Wikisource

John McLean Crawford v. Branch Bank of Alabama at Mobile…

The note was made payable to B. Gayle, cashier. And this designation as cashier was not made, it is presumed, as matter of description, but to show that the note was given to the agent of the bank, and for its use. A law was passed in Alabama authorizing suits to be brought on such notes in the name of the bank; and it is contended that this law impairs the obligation of the contract, especially as regards contracts made prior to its passage.
The law is strictly remedial.
Source: Wikisource

Get perspective with Kwize: daily news enlightened by great literature