by John Marshall

“ It would be a fraud on the bank to set up offsets against this note in consequence of any transactions between the parties. These offsets are waived and cannot, after the note has been discounted, be again set up.
The judgment is to be affirmed with damages at the rate of 6 per cent. per annum. ”

“ The Union Bank transacts its business in Georgetown, in the county of Washington.
On the 2d of February, 1811, Mandeville inserted an advertisement in the Alexandria Gazette, cautioning all persons against receiving assignments of any notes given by him to Nourse, as he had discounts against them. ”