M. SAMUEL AND SONS, INC.

v.

SECOND NATIONAL BANK OF TOLEDO

Citator

Cited By

• The Colo. Springs Nat'l Bank v. United States, 505 F.2d 1185 (10th Cir. 1974)
  …person requests some other person to advance money or give credit to a third person, and promises to repay the same to the person making the advancement.” Second Nat. Bank of Toledo v. M. Samuel & Sons, Inc., 2 Cir., 12 F. 2d 963, 966, cert. denied, 273 U.S. 720, 47 S.Ct. 110, 71 L.Ed. 857. The same function is performed by the handy, plastic card issued by the bank. The participating merchant honors the card in payment for merchandise, the issuing bank pays the merchant, and the card user is liable to the…
• Consol. Aluminum Corp. v. Bank OF Va. & Graf-Comm., Inc., 704 F.2d 136 (4th Cir. 1983)
  …proper limits the rule excusing late presentment of a negotiable instrument caused by fac-. tors beyond the control of the presenter. UCC § 3-511(1). E.g., Second National Bank of Toledo v. M. Samuel & Sons, 12 F. 2d 963 (2d Cir.1926), cert. denied, 273 U.S. 720, 47 S.Ct. 110, 71 L.Ed. 857 (1926) (a case preceding adoption of the UCC). Consolidated, in making its contentions, has urged upon us the consideration that Article 3 of the UCC applicable to negotiable instruments controls letter of credit transact…