Merchants' National Bank v. Williams

Bubice, L,

delivered the opinion of the Court..Mrs. Maud S. Williams, the plaintiff,-who is the wife of Henry Williams, an officer in the United States Navy, purchased on April 19th, 1906, through the New York stock brokerage firm of Buckout, Davis & Co. 100 shares of the common capital stock of the Wabash Railroad Company, a body corporate, at twenty-one dollars-per share, and paid on account of said shares one thousand dollars. Prior to June 4th, 1907, she made another payment on account thereof of over eight hundred dollars. This stock was represented by a certificate, and that certificate…