delivered the opinion oe the court.
The appellant was a corporation doing business in the city of Louisville, and engaged in refining cotton-seed oil. The appellee was a corporation doing a like business in.
Exhibit 1 reads as follows: “11-25-95. Marlin, Texas. Globe E. F. Co.: Tank K. E. Co., two hundred twenty-six seven hundred fifty-six gallons prime oil in Louisville. Draft returned by Kentucky Eefining Co. Will you take it at 19 cents ? Answer. Marlin Oil Co.”
Exhibit No. 2: “11-26-189 — . Marlin, Texas. To Globe Eefining Co., Lou.: We confirm sale of tank two twenty. Forward papers to-day. Eouting is care Katy to St. Louis; destination New York City. Trying to locate tank. If in Louisville, answer, our expense. [Signed] Marlin Oil Co.”
Exhibit No. 3: “Nov. 25, 1895. Marlin Oil Co., Marlin,, Texas: Telegram received. Will take Kentucky tank two twenty at 19 cents. Eush documents. [Signed] Globe Eefining Co.”
Exhibit No. 4: “First National Bank of Marlin, Texas. . Nov. 26,1895. At sight pay to the order of First National Bank of Marlin, Texas, $1,155.28 (eleven hundred and fifty- ■ five and 28-100 dollars), for value received, and charge to-account of Marlin Oil Co., by J. W. E. Cinson, Secy.
“To Globe Eefining Co., Louisville, Ky..
“Accepted by telephone, November 30,. 1895,, Globe Re- - fining Co., by L. W. Motley, Third Nat., Bank.p>
The reply may be treated as a traverse of all the averments of the appellee showing it to be the owner and entitled to the oil at the time of the levy of the attachment. It is further alleged in the reply that, at the time of the pretended communication between defendant and appellee concerning the oil, the oil was in a tank belonging to appellant, and on the switch of the Louisville & Nashville Railroad Company in the yard of appellant, and that the same had been shipped and left there with the knowledge, consent, and direction of the Marlin Oil Company, the Marlin Oil Company then being indebted to the plaintiff to the amount and extent named in the petition ;that the said Marlin Oil* Company, whén it shipped and caused said oil to be sent to plaintiff’s said yard, as aforesaid, sent its draft on the plaintiff for the sum of $-, for which it demanded payment before allowing the railroad company to deliver said oil to the appellant,, and without paying or offering to pay or adjust its said indebtedness to the plaintiff, and plaintiff refused to accept or pay the amount of said draft until said Marlin Oil Company’s indebtedness to it was satisfied, and plaintiff was then threatening and about to bring an action and sue out an attachment against said Marlin Oil Company to be levied upon said oil to satisfy its claim; that said Marlin Oil Company was at that time, and now is, a foreign corporation. The said Marlin Oil Company.then, and for the purpose of defrauding this plaintiff, its creditor, and delaying plaintiff in the collection of its debts against said Marlin Oil Company, commenced communication with the Clobe Refining Company
The contention of appellant is that the title- to the oil' in contest was in the Marlin Oil Company at the time of ‘ the issual and levy of, the attachment, and, therefore, subject to seizure and sale in satisfaction of its- claim against the Marlin Oil Company. It is also claimed by appellant-that the alleged sale or transaction between- appellee and the Marlin Oil Company was made to hinder or-defeat the ■ collection of appellant’s claim. ' If either contention be ■ true, the judgment appealed from should be- reversed. It" is unquestionably true that the appellee had some notice
In the case of Dows v. National Exchange Bank of Milwaukee, 91 U. S. 618, the Supreme Court of the United States had under consideration practically the same question involved in the case at bar, and we quote as follows from the syllabus of the opinion of the court in that case: “An invoice is neither a bill of sale nor evidence of a sale, and, standing alone, furnishes no proof of title. A party discounting a draft, and receiving therewith, deliverable to his order, the bill of lading of the goods against which the draft was drawn, acquires a special property in them, and has a complete right to hold them as security for the acceptance and payment of the draft. * * * Where neither the evidence received nor offered tended to rebut the intent exhibited in the bill of lading, and confirmed throughout by the indorsement thereon, and the written instructions to retain the ownership of the wheat until payment of the draft. Held, that there was no necessity of submitting to the jury the question whether there had been a change of ownership.” The supreme court of Ohio, in Emery’s Sons v. Irvine National Bank, 25 Ohio St. 360 said: “By the rules of commercial law a bill of lading is regarded as the symbol of the property therein described,
We have carefully examined the authorities relied on by the appellee, but are unable to see that they sustain its contention, or are at all in conflict or inconsistent with the doctrine announced in the various decisions hereinbefore referred to. It seems to us that it would be unjust and inexpedient to announce as a principle of law that a consignor consigning property to his own order, with directions to notify the purchaser thereof, and sending a draft, w'ith bill of lading attached, requiring payment of the draft before the bill of lading should be delivered, should be held to have parted with his title to the property.' In the case at bar, if it be true that the api)ellee acquired title to the property before it had paid the draft in question, it would then follow that the property would be liable to its debts, and subject to seizure and sale in satisfaction thereof. It is manifest from the evidence in this case that the Marlin Oil Company never intended to part with its title or its jus disponendi to the property in question until the purchase price thereof had in fact been paid.. The acceptance of the draft in question was not payment thereof, and, besides, it is questionable whether or not the attachment had not been placed in the hands of the officer, and probably levied, before the acceptance of the-draft, which acceptance was only by telephone. The ap