U.S. Supreme Court
Poorman v. Woodward, 62 U.S. 21 How. 266 266 (1858)
Poorman v. Woodward
2 U.S. (21 How.) 266
Where certain persons gave a joint and several note for the purpose of raising money, and their agent received a certificate of deposit, which certificate was afterwards duly paid upon presentation, the signers of the note cannot escape from their responsibility upon the plea that a certificate of deposit was not money.
The facts are stated in the opinion of the Court. chanroblesvirtualawlibrary