Schenkhouse v. Gibbs

— We are of opinion, that the mode of remitting by a general bill, payable to one merchant, with separate drafts in favor of each of the other merchants, who are interested in the amount of the bill, is a good and lawful execution of the trust and authority of a factor, employed by several distinct and unconnected merchants, resident abroad. No inconvenience can arise from the transaction, if all the parties are apprised of the distributive appropriation. It is essential, however, to such a remittance, that notice should be given to the jjarties. In the present case, there is no proof of express notice to the plaintiff: but this may be supplied by facts, which raise a fair presumption of the plaintiff’s knowledge on the subject : and his delay in protesting and returning the bill, together with the draft on Portener, sent directly by the defendants to him, are facts of that description.