Boynton v. Payrow
Supreme Judicial Court of Maine
Bill in equity, to procure the direction of the court in the disposition of a pledge of a savings-bank book, praying that the savings institution be directed to pay to the petitioner or his order all the moneys, so deposited, and for further relief and costs.
1Opinion of the CourtBarrows, J.
Where there is a general pledge of personal property, neither the time of redemption nor the manner and time of sale being specified in the contract, it has long been held that the appropriate remedy of the pledgee, when his rights or powers are in any manner questioned or denied, is by process in equity, in which the court can make the trust available with due regard for the rights of all concerned. 2 Kent’s Com. 4th ed. 581, 582, 583. 4 id. 138, 140. 2 Story’s Eq. Jur. 9th ed. §§ 1030, 1033.
Chancellor Kent says that “'where no time was limited for the redemption the pawner had his own…
2Cited by9 opinions
- Live Stock State Bank v. DoyleCourt of Appeals for the Eighth Circuit · 1923
- White River Savings Bank v. Capital Savings Bank & Trust Co.Supreme Court of Vermont · 1904
- In re National Cash Register Co.Court of Appeals for the Sixth Circuit · 1909
- American Exchange National Bank v. Federal National BankSupreme Court of Pennsylvania · 1910
- Geilfuss v. CorriganWisconsin Supreme Court · 1897
4 more not listed; retrieve them via the Exa API.