Felt v. Emporium Land Co.

Opinion by

Mr. Justice Schaffer,

This is the same controversy in other guise that we heretofore decided: Howard v. Goodnough, 292 Pa. 547. In that proceeding, Howard, who is the real defendant in this, endeavored to prevent the sale of certain certificates of stock, among others, those of the Emporium Land Company, the present defendant, pledged by him as collateral for his note. Now, as president of the land company, his endeavor is to block their transfer to the purchasers of them, the trustees named in the note, who bought them at a sale, following default in payment by Howard of his…