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WestMinster Bank, Limited vs. Nassoor

WESTMINSTER BANK, LIMITED, plaintiff-appellee, vs. K. NASSOOR, INC., defendant-appellant.

G.R. No. 39593 | 1933-11-27

D E C I S I O N

HULL, J:

Plaintiff brought suit in the Court of First Instance of Manila on five bills of exchange which defendant had unconditionally accepted upon presentation of the same in Manila, P.I. The main features of this case were considered by this court in G.R. No. 38139, promulgated October 27, 1932. 1

At the trial defendant contended that the Westminsteer Bank, Limited, is only the agent of the drawer of the bills of exchange in question, that plaintiff is not a holder in due course under the Negotiable Instruments Law, and that if the defendant has a claim for breach of a collateral contract, good as against the drawer,...