US SUPREME COURT DECISIONS

1. Warrants issued by a county in Arkansas are not negotiable paper in the sense of the law merchant.

2. Where the county court has fixed, by its order, a time for calling in the warrants for redemption, classification, or other lawful purpose, the holder who neglects or refuses to present them as required by the order and the notice thereof given conformably to the statute has no right of action against the county to enforce the payment of them.

The facts are stated in the opinion of the Court.