Joseph P. Bradley

“ They continued to remain and figure on the books of the bank and in its statements as belonging to the mass of its bills discounted, no memorandum was made of the transaction, and no transfer was made of the bills until after the failure of the bank. ”

“ Schuchardt & Sons were bankers in New York, through whom the New Orleans National Banking Association was in the habit of drawing on foreign houses, and who indorsed and disposed of the drafts, or transmitted them for collection, and made advances thereon. They were thus is the habit of indorsing and devancing on bills drawn by the bank on Seignouret Fr eres, of Bordeaux. In August and September they became uneasy, and required security ”