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have been responsible for they would in that case have discharged the Contract with the Freedmen; but to sell the Cotton and not turn over the proceeds to Norwood is not made good by placing the account to his credit on an Anterior Liability.
Finally, was there not a Contract between H & Co and the Freedmen that H & Co would sell thirteen Bales of cotton for them and turn over the proceeds to D.C. Norwood for the Freedmen? Is the placing that amount to the credit of Norwood on a then existing anterior indebtedness compliance with the Contract as Stated by H & Co themselves?
It is clear that H & Co are entitled to the credit of $200.00 and the better opinion it seems would be that the $100 paid on the letter of Norwood to the Draft in favor of F.B. Fallon Should also be placed to their credit the remainder of the amount of proceeds, Should have been paid over to Norwood and H & Co had not the legal right to pass it to the credit of Norwood's private antecedent indebtedness or liability-